Similar to the surrounding areas, it is substantially less expensive compared to the United States as a whole. Compared to the city of Bloomington, it is a lot less expensive.
Home prices
The median home price in Mulberry is $97,700. In comparison to nearby areas it is approximately $3,200 (3%) lower.It is roughly $119,800 (55%) lower in comparison to the country as a whole, and in comparison to the city of Bloomington it is approximately $103,000 (51%) lower.
Rents
In Mulberry the median rent is $919 a month. It is about $138 (17%) higher in comparison to its surrounding areas.It is about $143 (13%) lower compared to the entire country, and compared to the city of Bloomington it is is very similar.
Nearby places
Dayton
Dayton is approximately 5 miles west from Mulberry. Its real estate prices are a little more expensive. The median home value in Dayton is $127,400, which comes out to $29,700 (23%) higher than Mulberry. Rents there are a bit less expensive. In Dayton the median monthly rent is $865, which comes out to $54 (6%) lower than Mulberry.
Rossville
Rossville is about 5 miles northeast of Mulberry. Real estate prices there are a bit more expensive. The median home in Rossville costs $120,900, which comes out to $23,200 (19%) higher than Mulberry. Its rents are similar. In Rossville the median monthly rent is $885, which comes out to $34 (3%) lower than Mulberry.
Stockwell
Stockwell is about 6 miles southwest of Mulberry. Its real estate prices are a little more expensive. The median home value in Stockwell is $103,000, which comes out to $5,300 (5%) higher than Mulberry. Its rents are a bit less expensive. In Stockwell the median monthly rent is $763, which works out to $156 (20%) lower than Mulberry.
Clarks Hill
Clarks Hill is about 7 miles south of Mulberry. The housing prices there are a lot less expensive. The median home price in Clarks Hill is $69,800, which works out to $27,900 (39%) lower than Mulberry. The rent there is significantly less expensive. The median monthly rent in Clarks Hill is $683, which is $236 (34%) lower than Mulberry.
Frankfort
Frankfort is approximately 7 miles southeast from Mulberry. The real estate prices there are a bit less expensive. The median home in Frankfort is valued at $83,400, which is $14,300 (17%) lower than Mulberry. The rent there is a little less expensive. In Frankfort the median monthly rent is $711, which is $208 (29%) lower than Mulberry.