Home prices
The median home in Derma costs $55,200. Compared to its nearby areas it is about $5,060 (8%) lower.In comparison to the nation as a whole it is approximately $162,300 (74%) lower, and it is roughly $90,200 (62%) lower compared to the city of Tupelo.
Rents
The median monthly rent in Derma is $609. In comparison to its nearby areas this is approximately $66 (9%) lower.Compared to the country as a whole it is roughly $453 (42%) lower, and compared to the city of Tupelo is approximately $181 (22%) lower.
Nearby places
Calhoun City
Calhoun City is Derma's neighbor to the west. Its housing prices are a bit more expensive. The price of the median home in Calhoun City is $69,900, which is $14,700 (21%) higher than Derma. Its rents are a bit less expensive. In Calhoun City the median monthly rent is $540, which is $69 (12%) lower than Derma.
Vardaman
Vardaman is roughly 5 miles east of Derma. Housing prices there are a bit more expensive. The median home in Vardaman costs $59,400, which works out to $4,200 (7%) higher than Derma. Its rents are a bit more expensive. The median rent in Vardaman is $651 per month, which works out to $42 (6%) higher than Derma.
Big Creek
Big Creek is about 6 miles west of Derma. Its real estate prices are similar. The median home price in Big Creek is $57,800, which is $2,600 (4%) higher than Derma. Rents there are substantially more expensive. In Big Creek the median rent is $1,018 a month, which comes out to $409 (40%) higher than Derma.
Bruce
Bruce is approximately 10 miles north from Derma. Its housing prices are a bit more expensive. The median home in Bruce is valued at $59,200, which is $4,000 (6%) higher than Derma. Rent there is significantly less expensive. The median monthly rent in Bruce is $459, which comes out to $150 (32%) lower than Derma.
Woodland
Woodland is about 13 miles southeast from Derma. The housing prices there are similar. Woodland's median home cost is $55,000, which is very similar to Derma. Rents there are a bit more expensive. In Woodland the median rent is $708 a month, which comes out to $99 (13%) higher than Derma.