Home prices
The median home in Morrilton is valued at $99,100. It is about $19,080 (23%) higher in comparison to its surrounding areas.Compared to the rest of the country it is about $118,400 (54%) lower, and is roughly $68,500 (40%) lower compared to the city of Little Rock.
Rents
Morrilton's median rent is $645 a month. In comparison to its nearby areas this is approximately $50 (7%) lower.In comparison to the nation as a whole it is approximately $417 (39%) lower, and it is about $227 (26%) lower in comparison to the city of Little Rock.
Nearby places
Oppelo
Oppelo is approximately 4 miles southwest of Morrilton. Real estate prices there are a little less expensive. The value of the median home in Oppelo is $92,000, which comes out to $7,100 (7%) lower than Morrilton. Rents there are a bit more expensive. In Oppelo the median monthly rent is $775, which comes out to $130 (16%) higher than Morrilton.
Plumerville
Plumerville is roughly 4 miles east of Morrilton. Its housing prices are substantially less expensive. The median home in Plumerville is valued at $69,300, which works out to $29,800 (43%) lower than Morrilton. The rent there is somewhat less expensive. The median monthly rent in Plumerville is $591, which is $54 (9%) lower than Morrilton.
Perry
Perry is approximately 8 miles south of Morrilton. Its real estate prices are somewhat less expensive. The median home value in Perry is $80,000, which works out to $19,100 (23%) lower than Morrilton. Rents there are a little more expensive. The median monthly rent in Perry is $817, which comes out to $172 (21%) higher than Morrilton.
Houston
Houston is roughly 9 miles south of Morrilton. Real estate prices there are a lot less expensive. The median home cost in Houston is $72,500, which comes out to $26,600 (36%) lower than Morrilton. Rent there is a bit more expensive. The median monthly rent in Houston is $683, which comes out to $38 (5%) higher than Morrilton.
Perryville
Perryville is about 10 miles south from Morrilton. Real estate prices there are a bit less expensive. The median home price in Perryville is $86,300, which works out to $12,800 (14%) lower than Morrilton. The rent there is a bit less expensive. In Perryville the median monthly rent is $611, which comes out to $34 (5%) lower than Morrilton.