Similar to the surrounding areas, it is a lot less expensive compared to the US as a whole. Compared to the city of Fayetteville, it is significantly less expensive.
Home prices
The median home in Spiro is valued at $83,600. In comparison to nearby areas it is about $3,260 (4%) higher.It is roughly $133,900 (61%) lower in comparison to the United States as a whole, and it is approximately $124,000 (59%) lower compared to the city of Fayetteville.
Rents
The median monthly rent in Spiro is $686. In comparison to its surrounding areas this is about $11 (1%) lower.It is roughly $376 (35%) lower compared to the country as a whole, and it is roughly $113 (14%) lower in comparison to the city of Fayetteville.
Nearby places
Fort Coffee
Fort Coffee is about 4 miles northeast from Spiro. Real estate prices there are somewhat less expensive. The median home value in Fort Coffee is $66,900, which comes out to $16,700 (24%) lower than Spiro. Rents there are similar. The median monthly rent in Fort Coffee is $719, which works out to $33 (4%) higher than Spiro.
Panama
Panama is roughly 5 miles southwest from Spiro. Housing prices there are substantially less expensive. The median home in Panama costs $60,000, which comes out to $23,600 (39%) lower than Spiro. Rent there is a bit more expensive. In Panama the median rent is $729 per month, which is $43 (5%) higher than Spiro.
Pocola
Pocola is approximately 7 miles east from Spiro. The housing prices there are a little more expensive. The median home cost in Pocola is $96,900, which comes out to $13,300 (13%) higher than Spiro. Rents there are similar. The median rent in Pocola is $701 a month, which is $15 (2%) higher than Spiro.
Rock Island
Rock Island is about 8 miles southeast from Spiro. Housing prices there are somewhat more expensive. The median home in Rock Island is valued at $98,500, which is $14,900 (15%) higher than Spiro. Its rents are similar. In Rock Island the median monthly rent is $669, which comes out to $17 (2%) lower than Spiro.
Shady Point
Shady Point is about 8 miles south from Spiro. Housing prices there are a little less expensive. The median home in Shady Point costs $79,400, which is $4,200 (5%) lower than Spiro. Rents there are pretty similar. The median rent in Shady Point is $667 per month, which works out to $19 (2%) lower than Spiro.