Home prices
The median home in Patterson costs $35,400. In comparison to its nearby areas it is roughly $24,140 (40%) lower.It is about $182,100 (83%) lower in comparison to the US as a whole, and is about $66,400 (65%) lower compared to the city of Memphis.
Rents
In Patterson the median monthly rent is $470. This is about $29 (6%) higher in comparison to its surrounding areas.It is approximately $592 (55%) lower compared to the entire country, and is roughly $431 (47%) lower compared to the city of Memphis.
Nearby places
McCrory
McCrory is Patterson's neighbor to the east. Housing prices there are substantially more expensive. The median home value in McCrory is $77,900, which comes out to $42,500 (54%) higher than Patterson. Rents there are a little more expensive. The median rent in McCrory is $515 per month, which is $45 (8%) higher than Patterson.
Augusta
Augusta is about 6 miles west of Patterson. The real estate prices there are a lot more expensive. The median home in Augusta is valued at $65,800, which works out to $30,400 (46%) higher than Patterson. Its rents are similar. The median rent in Augusta is $470 per month, which is very similar to Patterson.
Weldon
Weldon is approximately 13 miles north of Patterson. The real estate prices there are a lot more expensive. Weldon's median home price is $56,000, which is $20,600 (36%) higher than Patterson. Rents there are a bit more expensive. In Weldon the median monthly rent is $538, which comes out to $68 (12%) higher than Patterson.
Beedeville
Beedeville is about 13 miles northeast from Patterson. Real estate prices there are somewhat less expensive. The cost of the median home in Beedeville is $31,000, which works out to $4,400 (14%) lower than Patterson. Rents there are a little less expensive. In Beedeville the median monthly rent is $375, which works out to $95 (25%) lower than Patterson.
Russell
Russell is roughly 15 miles northwest of Patterson. Its housing prices are a lot more expensive. Russell's median home cost is $67,000, which works out to $31,600 (47%) higher than Patterson. Rents there are substantially less expensive. In Russell the median rent is $306 a month, which is $164 (53%) lower than Patterson.
