Home prices
The value of the median home in Trumann is $96,100. It is about $27,760 (40%) higher in comparison to nearby areas.It is approximately $121,400 (55%) lower in comparison to the rest of the nation, and compared to the city of Memphis is roughly $5,700 (5%) lower.
Rents
In Trumann the median rent is $656 a month. Compared to other places in this area it is about $20 (3%) higher.It is approximately $406 (38%) lower in comparison to the entire country, and is approximately $245 (27%) lower in comparison to the city of Memphis.
Nearby places
Bay
Bay is about 5 miles north of Trumann. Housing prices there are somewhat less expensive. The value of the median home in Bay is $82,800, which works out to $13,300 (16%) lower than Trumann. Its rents are somewhat more expensive. The median monthly rent in Bay is $717, which is $61 (8%) higher than Trumann.
Lepanto
Lepanto is about 10 miles southeast from Trumann. The real estate prices there are significantly less expensive. Lepanto's median home price is $62,000, which works out to $34,100 (55%) lower than Trumann. The rent there is a bit less expensive. In Lepanto the median rent is $540 a month, which is $116 (21%) lower than Trumann.
Lake City
Lake City is roughly 10 miles north from Trumann. The housing prices there are similar. The median home in Lake City costs $93,500, which works out to $2,600 (2%) lower than Trumann. Its rents are a bit more expensive. In Lake City the median rent is $838 a month, which comes out to $182 (21%) higher than Trumann.
Caraway
Caraway is roughly 11 miles northeast from Trumann. Housing prices there are significantly less expensive. The median home cost in Caraway is $48,800, which works out to $47,300 (96%) lower than Trumann. Its rents are somewhat less expensive. In Caraway the median monthly rent is $573, which is $83 (14%) lower than Trumann.
Marked Tree
Marked Tree is approximately 12 miles southeast from Trumann. Its real estate prices are substantially less expensive. The median home price in Marked Tree is $54,600, which comes out to $41,500 (76%) lower than Trumann. Its rents are a bit less expensive. The median monthly rent in Marked Tree is $513, which is $143 (27%) lower than Trumann.
