Similar to the surrounding areas, it is significantly less expensive compared to the US as a whole. However compared to the city of Memphis, it's somewhat less expensive.
Home prices
The median home cost in Hornsby is $81,100. Compared to the surrounding areas this is is very similar.Compared to the nation as a whole it is approximately $136,400 (62%) lower, and in comparison to the city of Memphis is approximately $20,700 (20%) lower.
Rents
Hornsby's median rent is $763 per month. It is approximately $143 (23%) higher compared to nearby areas.In comparison to the country as a whole it is about $299 (28%) lower, and is about $138 (15%) lower in comparison to the city of Memphis.
Nearby places
Silerton
Silerton is about 8 miles north of Hornsby. Its real estate prices are a little less expensive. The median home in Silerton is valued at $75,600, which comes out to $5,500 (7%) lower than Hornsby. Rent there is a lot less expensive. The median rent in Silerton is $571 per month, which works out to $192 (33%) lower than Hornsby.
Bolivar
Bolivar is approximately 9 miles west of Hornsby. The real estate prices there are a little more expensive. The value of the median home in Bolivar is $94,400, which comes out to $13,300 (14%) higher than Hornsby. The rent there is a little less expensive. The median rent in Bolivar is $609 per month, which comes out to $154 (25%) lower than Hornsby.
Bethel Springs
Bethel Springs is approximately 10 miles east of Hornsby. Housing prices there are a little less expensive. The median home cost in Bethel Springs is $66,500, which is $14,600 (21%) lower than Hornsby. Rents there are a bit less expensive. Bethel Springs's median monthly rent is $656, which comes out to $107 (16%) lower than Hornsby.
Toone
Toone is approximately 11 miles northwest of Hornsby. Its real estate prices are somewhat less expensive. The median home value in Toone is $69,400, which works out to $11,700 (16%) lower than Hornsby. Rent there is a little less expensive. Toone's median rent is $633 per month, which works out to $130 (20%) lower than Hornsby.
Selmer
Selmer is approximately 12 miles east from Hornsby. The real estate prices there are somewhat more expensive. The median home in Selmer is valued at $98,700, which works out to $17,600 (17%) higher than Hornsby. Rent there is somewhat less expensive. Selmer's median rent is $630 a month, which comes out to $133 (21%) lower than Hornsby.
