Similar to other places in this area, it is significantly less expensive compared to the nation as a whole. Compared to the city of Memphis, it's significantly less expensive.
Home prices
The median home in Weldon is valued at $56,000. Compared to its nearby areas it is is very similar.It is about $161,500 (74%) lower compared to the entire country, and it is approximately $45,800 (44%) lower compared to the city of Memphis.
Rents
Weldon's median rent is $538 a month. In comparison to the surrounding areas this is about $45 (9%) higher.Compared to the entire nation it is approximately $524 (49%) lower, and in comparison to the city of Memphis it is about $363 (40%) lower.
Nearby places
Beedeville
Beedeville is approximately 6 miles east of Weldon. Its real estate prices are a lot less expensive. The median home in Beedeville is valued at $31,000, which comes out to $25,000 (80%) lower than Weldon. Rents there are a lot less expensive. The median monthly rent in Beedeville is $375, which comes out to $163 (43%) lower than Weldon.
Bradford
Bradford is about 11 miles west from Weldon. Its real estate prices are similar. The median home in Bradford costs $58,800, which comes out to $2,800 (4%) higher than Weldon. Its rents are somewhat less expensive. The median rent in Bradford is $505 a month, which works out to $33 (6%) lower than Weldon.
Hickory Ridge
Hickory Ridge is roughly 12 miles east of Weldon. Housing prices there are somewhat less expensive. The value of the median home in Hickory Ridge is $47,600, which works out to $8,400 (17%) lower than Weldon. The rent there is a little less expensive. Hickory Ridge's median monthly rent is $458, which comes out to $80 (17%) lower than Weldon.
Newport
Newport is about 12 miles north of Weldon. The housing prices there are a little more expensive. The median home in Newport is valued at $72,500, which works out to $16,500 (22%) higher than Weldon. Rent there is a bit more expensive. The median monthly rent in Newport is $600, which comes out to $62 (10%) higher than Weldon.
Fisher
Fisher is roughly 13 miles east from Weldon. Its housing prices are a little more expensive. Fisher's median home value is $69,000, which works out to $13,000 (18%) higher than Weldon. Its rents are similar. The median rent in Fisher is $526 per month, which works out to $12 (2%) lower than Weldon.
