Home prices
The price of the median home in Obion is $68,500. This is roughly $5,100 (6%) lower in comparison to its surrounding areas.Compared to the rest of the nation it is about $149,000 (68%) lower, and in comparison to the city of Memphis it is roughly $33,300 (32%) lower.
Rents
In Obion the median monthly rent is $666. Compared to nearby areas this is about $23 (3%) higher.It is approximately $396 (37%) lower compared to the United States as a whole, and is about $235 (26%) lower compared to the city of Memphis.
Nearby places
Trimble
Trimble is about 4 miles south of Obion. Its real estate prices are somewhat less expensive. The median home price in Trimble is $59,800, which comes out to $8,700 (14%) lower than Obion. Rent there is a bit less expensive. Trimble's median monthly rent is $613, which is $53 (8%) lower than Obion.
Troy
Troy is approximately 5 miles north from Obion. Its housing prices are a bit more expensive. The median home value in Troy is $90,000, which works out to $21,500 (23%) higher than Obion. The rent there is fairly similar. The median rent in Troy is $646 per month, which comes out to $20 (3%) lower than Obion.
Hornbeak
Hornbeak is about 7 miles northwest of Obion. The housing prices there are a bit more expensive. Hornbeak's median home price is $73,200, which works out to $4,700 (6%) higher than Obion. The rent there is fairly similar. The median rent in Hornbeak is $644 per month, which comes out to $22 (3%) lower than Obion.
Rives
Rives is approximately 9 miles northeast from Obion. The housing prices there are a bit less expensive. Rives's median home value is $62,000, which is $6,500 (10%) lower than Obion. Its rents are pretty similar. Rives's median rent is $688 per month, which works out to $22 (3%) higher than Obion.
Kenton
Kenton is approximately 9 miles southeast of Obion. Real estate prices there are a bit more expensive. Kenton's median home price is $83,000, which comes out to $14,500 (17%) higher than Obion. Its rents are somewhat less expensive. The median monthly rent in Kenton is $625, which is $41 (6%) lower than Obion.