Home prices
The median home price in Sumner is $82,100. This is about $14,760 (21%) higher in comparison to its nearby areas.It is approximately $135,400 (62%) lower compared to the country as a whole, and compared to the city of Memphis it is roughly $19,700 (19%) lower.
Rents
The median monthly rent in Sumner is $500. Compared to the surrounding areas it is about $42 (7%) lower.Compared to the country as a whole it is approximately $562 (52%) lower, and in comparison to the city of Memphis it is roughly $401 (44%) lower.
Nearby places
Webb
Webb is roughly 1 mile southeast from Sumner. Housing prices there are a little less expensive. The cost of the median home in Webb is $66,900, which works out to $15,200 (22%) lower than Sumner. Rents there are somewhat more expensive. In Webb the median monthly rent is $619, which comes out to $119 (19%) higher than Sumner.
Tutwiler
Tutwiler is roughly 4 miles northwest of Sumner. The real estate prices there are somewhat less expensive. Tutwiler's median home price is $63,000, which is $19,100 (30%) lower than Sumner. Rents there are somewhat less expensive. In Tutwiler the median monthly rent is $467, which works out to $33 (7%) lower than Sumner.
Glendora
Glendora is about 11 miles south from Sumner. The real estate prices there are pretty similar. The median home in Glendora is valued at $78,800, which works out to $3,300 (4%) lower than Sumner. The rent there is a bit more expensive. The median rent in Glendora is $638 per month, which comes out to $138 (21%) higher than Sumner.
Drew
Drew is roughly 14 miles southwest of Sumner. Real estate prices there are substantially less expensive. The median home in Drew costs $61,000, which comes out to $21,100 (34%) lower than Sumner. Its rents are similar. In Drew the median monthly rent is $494, which works out to $6 (1%) lower than Sumner.
Charleston
Charleston is roughly 16 miles east of Sumner. The real estate prices there are a little less expensive. The median home price in Charleston is $67,000, which works out to $15,100 (22%) lower than Sumner. The rent there is similar. The median rent in Charleston is $494 a month, which comes out to $6 (1%) lower than Sumner.
