Home prices
The value of the median home in Wheatley is $53,900. Compared to other places in this area this is roughly $4,560 (7%) lower.It is approximately $163,600 (75%) lower compared to the entire nation, and compared to the city of Memphis it is roughly $47,900 (47%) lower.
Rents
The median rent in Wheatley is $450 a month. Compared to the surrounding areas this is approximately $127 (21%) lower.In comparison to the nation as a whole it is approximately $612 (57%) lower, and is about $451 (50%) lower in comparison to the city of Memphis.
Nearby places
Brinkley
Brinkley is approximately 4 miles southwest from Wheatley. The housing prices there are a bit more expensive. The median home in Brinkley is valued at $66,500, which comes out to $12,600 (18%) higher than Wheatley. Its rents are a bit more expensive. Brinkley's median monthly rent is $523, which works out to $73 (13%) higher than Wheatley.
Cotton Plant
Cotton Plant is approximately 9 miles northwest of Wheatley. Housing prices there are a lot less expensive. The median home in Cotton Plant is valued at $23,900, which is $30,000 (125%) lower than Wheatley. The rent there is fairly similar. Cotton Plant's median rent is $455 per month, which works out to $5 (1%) higher than Wheatley.
Palestine
Palestine is approximately 10 miles east from Wheatley. Housing prices there are somewhat more expensive. The cost of the median home in Palestine is $63,500, which comes out to $9,600 (15%) higher than Wheatley. Rents there are somewhat more expensive. In Palestine the median rent is $633 per month, which works out to $183 (28%) higher than Wheatley.
Moro
Moro is roughly 11 miles southeast of Wheatley. The housing prices there are substantially more expensive. The value of the median home in Moro is $79,600, which comes out to $25,700 (32%) higher than Wheatley. Rent there is a bit more expensive. In Moro the median rent is $508 a month, which works out to $58 (11%) higher than Wheatley.
Haynes
Haynes is roughly 15 miles east of Wheatley. Its housing prices are a bit more expensive. The median home in Haynes is valued at $58,800, which comes out to $4,900 (8%) higher than Wheatley. Rents there are substantially more expensive. The median monthly rent in Haynes is $764, which comes out to $314 (41%) higher than Wheatley.
