Similar to its surrounding areas, it's a lot less expensive compared to the rest of the nation. Compared to the city of Memphis however, it is somewhat less expensive.
Home prices
The median home in Dyer costs $78,400. In comparison to its nearby areas it is about $1,800 (2%) higher.In comparison to the entire country it is approximately $139,100 (63%) lower, and compared to the city of Memphis it is approximately $23,400 (22%) lower.
Rents
In Dyer the median monthly rent is $659. This is roughly $12 (1%) lower compared to its surrounding areas.Compared to the country as a whole it is approximately $403 (37%) lower, and compared to the city of Memphis is approximately $242 (26%) lower.
Nearby places
Rutherford
Rutherford is Dyer's neighbor to the north. Housing prices there are a bit less expensive. The median home in Rutherford costs $65,400, which works out to $13,000 (19%) lower than Dyer. Its rents are fairly similar. The median rent in Rutherford is $650 a month, which works out to $9 (1%) lower than Dyer.
Yorkville
Yorkville is approximately 6 miles west from Dyer. Housing prices there are a little less expensive. The median home in Yorkville costs $70,500, which comes out to $7,900 (11%) lower than Dyer. Rent there is a bit more expensive. The median rent in Yorkville is $700 per month, which works out to $41 (5%) higher than Dyer.
Trenton
Trenton is approximately 7 miles south of Dyer. Its housing prices are somewhat more expensive. The median home in Trenton is valued at $93,400, which comes out to $15,000 (16%) higher than Dyer. Rents there are pretty similar. Trenton's median monthly rent is $660, which is very similar to Dyer.
Bradford
Bradford is about 8 miles east of Dyer. Its real estate prices are a bit less expensive. The median home in Bradford costs $70,700, which comes out to $7,700 (10%) lower than Dyer. Rents there are a bit more expensive. In Bradford the median rent is $721 a month, which comes out to $62 (8%) higher than Dyer.
Kenton
Kenton is about 9 miles north of Dyer. Real estate prices there are somewhat more expensive. The median home price in Kenton is $83,000, which comes out to $4,600 (5%) higher than Dyer. Rents there are somewhat less expensive. In Kenton the median rent is $625 a month, which works out to $34 (5%) lower than Dyer.
