Home prices
The median home in Medon is valued at $100,800. This is roughly $5,460 (5%) higher compared to other places in this area.It is approximately $116,700 (53%) lower in comparison to the US as a whole, and compared to the city of Memphis is is very similar.
Rents
Medon's median rent is $438 a month. It is about $250 (36%) lower in comparison to nearby areas.It is approximately $624 (58%) lower in comparison to the country as a whole, and in comparison to the city of Memphis is about $463 (51%) lower.
Nearby places
Toone
Toone is roughly 8 miles southwest of Medon. Its real estate prices are a lot less expensive. The median home in Toone is valued at $69,400, which is $31,400 (45%) lower than Medon. The rent there is somewhat more expensive. Toone's median monthly rent is $633, which comes out to $195 (30%) higher than Medon.
Silerton
Silerton is about 8 miles south from Medon. Its housing prices are a lot less expensive. Silerton's median home price is $75,600, which is $25,200 (33%) lower than Medon. Rents there are a bit more expensive. In Silerton the median rent is $571 a month, which comes out to $133 (23%) higher than Medon.
Henderson
Henderson is about 10 miles east of Medon. Housing prices there are a bit more expensive. The price of the median home in Henderson is $109,300, which is $8,500 (7%) higher than Medon. Rents there are a little more expensive. The median rent in Henderson is $630 a month, which works out to $192 (30%) higher than Medon.
Finger
Finger is approximately 14 miles southeast from Medon. Its real estate prices are somewhat less expensive. The median home value in Finger is $89,200, which works out to $11,600 (13%) lower than Medon. The rent there is significantly more expensive. Finger's median monthly rent is $728, which comes out to $290 (39%) higher than Medon.
Jackson
Jackson is approximately 14 miles north from Medon. The housing prices there are a little more expensive. The median home in Jackson is valued at $133,200, which comes out to $32,400 (24%) higher than Medon. Its rents are a lot more expensive. In Jackson the median rent is $877 per month, which works out to $439 (50%) higher than Medon.
