Home prices
The median home value in Three Way is $159,600. It is approximately $40,720 (34%) higher compared to other places in this area.It is approximately $57,900 (26%) lower compared to the country as a whole, and it is about $57,800 (56%) higher in comparison to the city of Memphis.
Rents
Three Way's median rent is $1,086 per month. Compared to the surrounding areas this is roughly $247 (29%) higher.It is roughly $24 (2%) higher in comparison to the rest of the nation, and in comparison to the city of Memphis it is approximately $185 (20%) higher.
Nearby places
Humboldt
Humboldt is Three Way's neighbor to the northwest. The housing prices there are significantly less expensive. The median home price in Humboldt is $81,900, which is $77,700 (94%) lower than Three Way. The rent there is substantially less expensive. The median rent in Humboldt is $684 a month, which is $402 (58%) lower than Three Way.
Medina
Medina is about 4 miles northeast from Three Way. Housing prices there are a bit more expensive. Medina's median home value is $180,600, which works out to $21,000 (11%) higher than Three Way. The rent there is a little less expensive. Medina's median rent is $975 a month, which is $111 (11%) lower than Three Way.
Gadsden
Gadsden is roughly 6 miles west of Three Way. Real estate prices there are substantially less expensive. The median home value in Gadsden is $86,200, which is $73,400 (85%) lower than Three Way. The rent there is substantially less expensive. The median rent in Gadsden is $768 a month, which comes out to $318 (41%) lower than Three Way.
Gibson
Gibson is approximately 7 miles north of Three Way. Real estate prices there are substantially less expensive. The median home in Gibson is valued at $112,500, which works out to $47,100 (41%) lower than Three Way. The rent there is a little less expensive. Gibson's median monthly rent is $890, which works out to $196 (22%) lower than Three Way.
Jackson
Jackson is roughly 8 miles south of Three Way. Housing prices there are a bit less expensive. The value of the median home in Jackson is $133,200, which works out to $26,400 (19%) lower than Three Way. Rents there are somewhat less expensive. Jackson's median monthly rent is $877, which works out to $209 (23%) lower than Three Way.