Home prices
The value of the median home in Hannibal is $105,300. In comparison to its nearby areas this is approximately $24,500 (30%) higher.Compared to the nation as a whole it is about $112,200 (51%) lower, and it is approximately $86,500 (45%) lower compared to the city of Columbia.
Rents
In Hannibal the median monthly rent is $709. In comparison to its nearby areas this is roughly $90 (14%) higher.It is approximately $353 (33%) lower compared to the United States as a whole, and compared to the city of Columbia it is about $178 (20%) lower.
Nearby places
New London
New London is approximately 8 miles south of Hannibal. Real estate prices there are somewhat less expensive. New London's median home value is $84,000, which works out to $21,300 (25%) lower than Hannibal. Its rents are somewhat more expensive. In New London the median rent is $767 a month, which comes out to $58 (7%) higher than Hannibal.
Palmyra
Palmyra is about 8 miles northwest from Hannibal. The real estate prices there are a little more expensive. Palmyra's median home price is $115,800, which is $10,500 (9%) higher than Hannibal. Rents there are a lot less expensive. The median rent in Palmyra is $531 per month, which comes out to $178 (33%) lower than Hannibal.
Hull
Hull is about 8 miles east from Hannibal. Housing prices there are significantly less expensive. The median home price in Hull is $49,900, which comes out to $55,400 (111%) lower than Hannibal. Rent there is a bit less expensive. The median rent in Hull is $575 a month, which works out to $134 (23%) lower than Hannibal.
Payson
Payson is approximately 10 miles northeast from Hannibal. Housing prices there are a little less expensive. The median home in Payson is valued at $95,100, which is $10,200 (10%) lower than Hannibal. Rent there is somewhat less expensive. In Payson the median rent is $595 a month, which comes out to $114 (19%) lower than Hannibal.
Plainville
Plainville is approximately 10 miles northeast of Hannibal. The housing prices there are substantially less expensive. The median home in Plainville costs $59,200, which is $46,100 (77%) lower than Hannibal. Rent there is a bit less expensive. In Plainville the median rent is $625 per month, which comes out to $84 (13%) lower than Hannibal.