Home prices
The median home in Bruce costs $59,200. Compared to other places in this area it is about $4,660 (7%) lower.Compared to the US as a whole it is approximately $158,300 (72%) lower, and compared to the city of Memphis is about $42,600 (41%) lower.
Rents
Bruce's median monthly rent is $459. Compared to its nearby areas this is roughly $207 (31%) lower.It is about $603 (56%) lower in comparison to the United States as a whole, and in comparison to the city of Memphis is about $442 (49%) lower.
Nearby places
Calhoun City
Calhoun City is roughly 9 miles south from Bruce. The real estate prices there are a bit more expensive. The median home in Calhoun City costs $69,900, which works out to $10,700 (15%) higher than Bruce. Rent there is a bit more expensive. In Calhoun City the median monthly rent is $540, which is $81 (15%) higher than Bruce.
Derma
Derma is approximately 10 miles south from Bruce. The real estate prices there are a bit less expensive. Derma's median home value is $55,200, which comes out to $4,000 (7%) lower than Bruce. Rent there is a bit more expensive. In Derma the median rent is $609 per month, which is $150 (24%) higher than Bruce.
Big Creek
Big Creek is roughly 11 miles south of Bruce. Its real estate prices are fairly similar. The median home in Big Creek costs $57,800, which is $1,400 (2%) lower than Bruce. Rents there are a lot more expensive. In Big Creek the median rent is $1,018 a month, which is $559 (54%) higher than Bruce.
Vardaman
Vardaman is about 11 miles southeast of Bruce. Real estate prices there are pretty similar. The median home in Vardaman costs $59,400, which is very similar to Bruce. Rent there is a bit more expensive. In Vardaman the median monthly rent is $651, which works out to $192 (29%) higher than Bruce.
New Houlka
New Houlka is approximately 16 miles east from Bruce. The real estate prices there are somewhat more expensive. New Houlka's median home value is $77,000, which is $17,800 (23%) higher than Bruce. Its rents are a bit more expensive. The median monthly rent in New Houlka is $514, which comes out to $55 (10%) higher than Bruce.
