Home prices
The median home in Shipman is valued at $92,900. This is about $14,080 (17%) higher in comparison to its surrounding areas.It is about $124,600 (57%) lower in comparison to the United States as a whole, and compared to the city of St. Louis is roughly $45,800 (33%) lower.
Rents
In Shipman the median rent is $770 a month. In comparison to other places in this area this is approximately $16 (2%) higher.Compared to the entire country it is about $292 (27%) lower, and compared to the city of St. Louis is approximately $58 (7%) lower.
Nearby places
Royal Lakes
Royal Lakes is roughly 3 miles east of Shipman. Real estate prices there are a lot less expensive. Royal Lakes's median home value is $60,000, which comes out to $32,900 (54%) lower than Shipman. The rent there is significantly less expensive. Royal Lakes's median monthly rent is $581, which is $189 (32%) lower than Shipman.
Medora
Medora is roughly 5 miles northwest from Shipman. The real estate prices there are significantly less expensive. The median home in Medora is valued at $66,300, which comes out to $26,600 (40%) lower than Shipman. Rent there is pretty similar. The median rent in Medora is $789 per month, which works out to $19 (2%) higher than Shipman.
Fidelity
Fidelity is about 6 miles northwest from Shipman. The real estate prices there are a lot less expensive. The median home cost in Fidelity is $70,000, which comes out to $22,900 (32%) lower than Shipman. Its rents are a bit more expensive. The median rent in Fidelity is $1,008 per month, which is $238 (23%) higher than Shipman.
Bunker Hill
Bunker Hill is roughly 6 miles southeast of Shipman. The housing prices there are similar. The median home value in Bunker Hill is $95,100, which works out to $2,200 (2%) higher than Shipman. Rents there are a bit less expensive. In Bunker Hill the median rent is $679 per month, which comes out to $91 (13%) lower than Shipman.
Brighton
Brighton is approximately 7 miles southwest from Shipman. Real estate prices there are a little more expensive. Brighton's median home cost is $102,700, which is $9,800 (9%) higher than Shipman. Its rents are somewhat less expensive. In Brighton the median monthly rent is $715, which is $55 (7%) lower than Shipman.