Home prices
The median home price in Redwater is $63,100. This is approximately $18,740 (22%) lower compared to nearby areas.It is roughly $154,400 (70%) lower in comparison to the entire nation, and it is approximately $27,600 (30%) lower in comparison to the city of Jackson.
Rents
The median rent in Redwater is $463 per month. This is roughly $125 (21%) lower compared to the surrounding areas.It is roughly $599 (56%) lower compared to the US as a whole, and in comparison to the city of Jackson it is roughly $384 (45%) lower.
Nearby places
Carthage
Carthage is Redwater's neighbor to the south. The real estate prices there are significantly more expensive. The cost of the median home in Carthage is $123,300, which is $60,200 (48%) higher than Redwater. Rents there are substantially more expensive. In Carthage the median rent is $739 per month, which comes out to $276 (37%) higher than Redwater.
Standing Pine
Standing Pine is about 9 miles southeast from Redwater. The real estate prices there are somewhat less expensive. The median home in Standing Pine costs $57,100, which works out to $6,000 (10%) lower than Redwater. Its rents are similar. The median monthly rent in Standing Pine is $460, which is very similar to Redwater.
Walnut Grove
Walnut Grove is approximately 15 miles south of Redwater. Its real estate prices are somewhat more expensive. The median home in Walnut Grove costs $66,700, which works out to $3,600 (5%) higher than Redwater. The rent there is somewhat more expensive. Walnut Grove's median rent is $644 a month, which works out to $181 (28%) higher than Redwater.
Pearl River
Pearl River is approximately 16 miles east of Redwater. Housing prices there are a little more expensive. The median home value in Pearl River is $75,300, which works out to $12,200 (16%) higher than Redwater. The rent there is fairly similar. The median rent in Pearl River is $463 a month, which is very similar to Redwater.
Sebastopol
Sebastopol is roughly 19 miles southeast from Redwater. The housing prices there are somewhat more expensive. The median home in Sebastopol costs $86,800, which works out to $23,700 (27%) higher than Redwater. Its rents are a little more expensive. Sebastopol's median rent is $636 a month, which comes out to $173 (27%) higher than Redwater.
