Home prices
The median home in Medina costs $180,600. Compared to its surrounding areas it is about $71,360 (65%) higher.It is about $36,900 (16%) lower compared to the rest of the country, and is approximately $78,800 (77%) higher in comparison to the city of Memphis.
Rents
In Medina the median rent is $975 a month. It is roughly $154 (18%) higher compared to its nearby areas.It is about $87 (8%) lower in comparison to the entire nation, and it is about $74 (8%) higher in comparison to the city of Memphis.
Nearby places
Three Way
Three Way is about 4 miles southwest from Medina. Its housing prices are a little less expensive. Three Way's median home value is $159,600, which works out to $21,000 (13%) lower than Medina. Rent there is a little more expensive. In Three Way the median rent is $1,086 a month, which comes out to $111 (10%) higher than Medina.
Gibson
Gibson is roughly 4 miles northwest from Medina. Its housing prices are substantially less expensive. The median home cost in Gibson is $112,500, which is $68,100 (60%) lower than Medina. Its rents are somewhat less expensive. In Gibson the median rent is $890 per month, which comes out to $85 (9%) lower than Medina.
Humboldt
Humboldt is approximately 5 miles west from Medina. Its housing prices are significantly less expensive. The median home in Humboldt costs $81,900, which comes out to $98,700 (120%) lower than Medina. Rent there is a lot less expensive. Humboldt's median rent is $684 a month, which comes out to $291 (42%) lower than Medina.
Milan
Milan is about 7 miles north from Medina. The real estate prices there are substantially less expensive. The cost of the median home in Milan is $106,000, which works out to $74,600 (70%) lower than Medina. Its rents are substantially less expensive. In Milan the median monthly rent is $678, which comes out to $297 (43%) lower than Medina.
Gadsden
Gadsden is about 9 miles west from Medina. Housing prices there are significantly less expensive. The median home in Gadsden is valued at $86,200, which comes out to $94,400 (109%) lower than Medina. Its rents are a little less expensive. The median monthly rent in Gadsden is $768, which works out to $207 (26%) lower than Medina.