Similar to the surrounding areas, it is significantly less expensive compared to the US as a whole. Compared to the city of Bloomington, it is substantially less expensive.
Home prices
The price of the median home in Southport is $134,700. This is about $6,000 (4%) higher in comparison to its nearby areas.In comparison to the rest of the nation it is about $82,800 (38%) lower, and compared to the city of Bloomington is about $66,000 (32%) lower.
Rents
The median monthly rent in Southport is $1,006. In comparison to the surrounding areas it is roughly $42 (4%) higher.In comparison to the rest of the nation it is roughly $56 (5%) lower, and it is approximately $89 (9%) higher in comparison to the city of Bloomington.
Nearby places
Homecroft
Homecroft is Southport's neighbor to the northwest. Real estate prices there are a little more expensive. The median home in Homecroft costs $148,200, which works out to $13,500 (9%) higher than Southport. Its rents are a little more expensive. Homecroft's median monthly rent is $1,167, which comes out to $161 (13%) higher than Southport.
Greenwood
Greenwood is roughly 3 miles south from Southport. Housing prices there are a little more expensive. The cost of the median home in Greenwood is $155,300, which is $20,600 (13%) higher than Southport. Its rents are pretty similar. The median rent in Greenwood is $982 per month, which is $24 (2%) lower than Southport.
Beech Grove
Beech Grove is roughly 4 miles north from Southport. Its housing prices are significantly less expensive. Beech Grove's median home price is $101,600, which is $33,100 (32%) lower than Southport. Rent there is somewhat less expensive. In Beech Grove the median rent is $780 per month, which is $226 (28%) lower than Southport.
New Whiteland
New Whiteland is approximately 6 miles south from Southport. The housing prices there are substantially less expensive. New Whiteland's median home value is $97,100, which comes out to $37,600 (38%) lower than Southport. The rent there is a little less expensive. New Whiteland's median monthly rent is $884, which is $122 (13%) lower than Southport.
Whiteland
Whiteland is roughly 7 miles south of Southport. The housing prices there are similar. The median home in Whiteland costs $141,300, which is $6,600 (4%) higher than Southport. Rents there are fairly similar. Whiteland's median monthly rent is $1,007, which is very similar to Southport.