Home prices
The median home in Marvell costs $51,800. It is roughly $9,920 (16%) lower in comparison to the surrounding areas.Compared to the rest of the country it is roughly $165,700 (76%) lower, and in comparison to the city of Memphis it is approximately $50,000 (49%) lower.
Rents
The median rent in Marvell is $612 a month. Compared to its nearby areas this is approximately $79 (14%) higher.In comparison to the entire nation it is roughly $450 (42%) lower, and compared to the city of Memphis it is about $289 (32%) lower.
Nearby places
Lexa
Lexa is about 8 miles east from Marvell. Its real estate prices are pretty similar. The median home cost in Lexa is $53,300, which works out to $1,500 (2%) higher than Marvell. Rent there is a little more expensive. In Lexa the median rent is $725 per month, which comes out to $113 (15%) higher than Marvell.
Rondo
Rondo is roughly 8 miles northeast from Marvell. The real estate prices there are pretty similar. Rondo's median home cost is $52,500, which comes out to $700 (1%) higher than Marvell. Rent there is somewhat less expensive. The median monthly rent in Rondo is $511, which works out to $101 (19%) lower than Marvell.
Lake View
Lake View is approximately 11 miles southeast from Marvell. Its real estate prices are a little more expensive. The value of the median home in Lake View is $57,000, which is $5,200 (9%) higher than Marvell. Its rents are significantly less expensive. The median monthly rent in Lake View is $417, which comes out to $195 (46%) lower than Marvell.
Holly Grove
Holly Grove is approximately 14 miles west of Marvell. Housing prices there are a bit more expensive. Holly Grove's median home value is $72,400, which works out to $20,600 (28%) higher than Marvell. Rents there are significantly less expensive. Holly Grove's median monthly rent is $428, which comes out to $184 (42%) lower than Marvell.
Helena-West Helena
Helena-West Helena is approximately 14 miles east from Marvell. The housing prices there are a little more expensive. The median home in Helena-West Helena costs $73,400, which comes out to $21,600 (29%) higher than Marvell. Its rents are somewhat less expensive. The median monthly rent in Helena-West Helena is $582, which comes out to $30 (5%) lower than Marvell.
