Similar to its nearby areas, it's substantially less expensive compared to the rest of the country. It's a lot less expensive compared to the city of Searcy.
Home prices
The cost of the median home in Viola is $75,600. Compared to its nearby areas it is roughly $1,200 (1%) lower.It is about $141,900 (65%) lower compared to the nation as a whole, and in comparison to the city of Searcy is approximately $69,400 (47%) lower.
Rents
The median monthly rent in Viola is $568. Compared to its nearby areas it is roughly $18 (3%) lower.Compared to the entire country it is roughly $494 (46%) lower, and it is approximately $146 (20%) lower compared to the city of Searcy.
Nearby places
Bakersfield
Bakersfield is approximately 11 miles northwest of Viola. The housing prices there are similar. The median home price in Bakersfield is $79,200, which works out to $3,600 (4%) higher than Viola. Its rents are a bit more expensive. The median rent in Bakersfield is $668 a month, which works out to $100 (14%) higher than Viola.
Oxford
Oxford is approximately 13 miles south of Viola. Housing prices there are a bit less expensive. The median home in Oxford is valued at $71,900, which is $3,700 (5%) lower than Viola. Rents there are fairly similar. Oxford's median rent is $544 per month, which is $24 (4%) lower than Viola.
Briarcliff
Briarcliff is roughly 16 miles southwest of Viola. The housing prices there are similar. The median home in Briarcliff costs $75,000, which is very similar to Viola. The rent there is a bit less expensive. The median monthly rent in Briarcliff is $475, which works out to $93 (19%) lower than Viola.
Horseshoe Bend
Horseshoe Bend is approximately 17 miles southeast from Viola. The real estate prices there are similar. The median home in Horseshoe Bend is valued at $74,200, which works out to $1,400 (1%) lower than Viola. Its rents are somewhat more expensive. The median monthly rent in Horseshoe Bend is $620, which is $52 (8%) higher than Viola.
Salesville
Salesville is roughly 17 miles southwest from Viola. Its housing prices are a little more expensive. Salesville's median home price is $83,700, which works out to $8,100 (9%) higher than Viola. Rents there are somewhat more expensive. In Salesville the median rent is $625 a month, which is $57 (9%) higher than Viola.
