Home prices
The median home in McGehee costs $85,400. This is about $24,760 (40%) higher in comparison to other places in this area.It is about $132,100 (60%) lower in comparison to the country as a whole, and compared to the city of Monroe is roughly $54,200 (38%) lower.
Rents
McGehee's median rent is $466 per month. This is approximately $60 (11%) lower in comparison to nearby areas.In comparison to the rest of the country it is roughly $596 (56%) lower, and in comparison to the city of Monroe is about $236 (33%) lower.
Nearby places
Reed
Reed is roughly 5 miles northwest from McGehee. The housing prices there are substantially less expensive. The median home cost in Reed is $44,400, which is $41,000 (92%) lower than McGehee. Rent there is significantly less expensive. In Reed the median rent is $328 a month, which comes out to $138 (42%) lower than McGehee.
Dermott
Dermott is approximately 7 miles south of McGehee. The housing prices there are a bit less expensive. The price of the median home in Dermott is $70,800, which is $14,600 (20%) lower than McGehee. Rent there is a little more expensive. In Dermott the median rent is $569 per month, which comes out to $103 (18%) higher than McGehee.
Arkansas City
Arkansas City is approximately 9 miles east of McGehee. Its housing prices are a lot less expensive. Arkansas City's median home price is $60,000, which comes out to $25,400 (42%) lower than McGehee. The rent there is a bit more expensive. The median monthly rent in Arkansas City is $595, which is $129 (21%) higher than McGehee.
Dumas
Dumas is roughly 19 miles north from McGehee. Real estate prices there are a bit less expensive. Dumas's median home cost is $66,300, which is $19,100 (28%) lower than McGehee. Rents there are a bit more expensive. In Dumas the median rent is $545 a month, which is $79 (14%) higher than McGehee.
Benoit
Benoit is about 19 miles east from McGehee. Its housing prices are significantly less expensive. The median home in Benoit costs $61,700, which works out to $23,700 (38%) lower than McGehee. The rent there is a little more expensive. The median monthly rent in Benoit is $591, which is $125 (21%) higher than McGehee.