Much like its surrounding areas, it's substantially less expensive compared to the United States as a whole. However it is somewhat less expensive compared to the city of Memphis.
Home prices
The median home in Hickory Valley is valued at $80,800. In comparison to the surrounding areas this is approximately $820 (1%) lower.It is roughly $136,700 (62%) lower in comparison to the rest of the country, and is about $21,000 (20%) lower compared to the city of Memphis.
Rents
Hickory Valley's median rent is $813 per month. Compared to its nearby areas this is approximately $37 (4%) higher.It is about $249 (23%) lower compared to the US as a whole, and it is about $88 (9%) lower in comparison to the city of Memphis.
Nearby places
Saulsbury
Saulsbury is about 7 miles south from Hickory Valley. Real estate prices there are somewhat less expensive. Saulsbury's median home cost is $62,400, which comes out to $18,400 (29%) lower than Hickory Valley. Rent there is substantially less expensive. Saulsbury's median rent is $615 a month, which is $198 (32%) lower than Hickory Valley.
Grand Junction
Grand Junction is approximately 8 miles south of Hickory Valley. The real estate prices there are pretty similar. The median home value in Grand Junction is $83,500, which works out to $2,700 (3%) higher than Hickory Valley. The rent there is a bit more expensive. The median rent in Grand Junction is $933 a month, which works out to $120 (12%) higher than Hickory Valley.
Bolivar
Bolivar is roughly 9 miles northeast of Hickory Valley. Housing prices there are somewhat more expensive. The value of the median home in Bolivar is $94,400, which is $13,600 (14%) higher than Hickory Valley. Its rents are substantially less expensive. Bolivar's median monthly rent is $609, which works out to $204 (33%) lower than Hickory Valley.
Whiteville
Whiteville is approximately 11 miles north of Hickory Valley. Its housing prices are a bit less expensive. The median home in Whiteville is valued at $68,400, which is $12,400 (18%) lower than Hickory Valley. Its rents are somewhat less expensive. Whiteville's median monthly rent is $771, which is $42 (5%) lower than Hickory Valley.
Williston
Williston is about 12 miles west of Hickory Valley. Its housing prices are a bit more expensive. The median home in Williston costs $99,400, which works out to $18,600 (18%) higher than Hickory Valley. Rent there is a little more expensive. The median monthly rent in Williston is $950, which comes out to $137 (14%) higher than Hickory Valley.