Home prices
Ferris's median home value is $91,500. In comparison to other places in this area it is about $33,900 (27%) lower.It is approximately $126,000 (57%) lower compared to the entire nation, and in comparison to the city of Dallas it is roughly $96,600 (51%) lower.
Rents
Ferris's median rent is $983 a month. It is approximately $108 (9%) lower in comparison to its surrounding areas.It is roughly $79 (7%) lower compared to the nation as a whole, and it is roughly $69 (6%) lower in comparison to the city of Dallas.
Nearby places
Wilmer
Wilmer is Ferris's neighbor to the north. Its housing prices are substantially less expensive. Wilmer's median home value is $56,800, which comes out to $34,700 (61%) lower than Ferris. Rents there are a bit less expensive. The median rent in Wilmer is $921 per month, which is $62 (6%) lower than Ferris.
Red Oak
Red Oak is Ferris's neighbor to the west. The housing prices there are a lot more expensive. The value of the median home in Red Oak is $207,600, which is $116,100 (55%) higher than Ferris. Rents there are somewhat more expensive. Red Oak's median rent is $1,136 a month, which is $153 (13%) higher than Ferris.
Lancaster
Lancaster is Ferris's neighbor to the northwest. Housing prices there are a lot more expensive. The median home in Lancaster is valued at $136,700, which works out to $45,200 (33%) higher than Ferris. Rents there are somewhat more expensive. The median rent in Lancaster is $1,074 per month, which comes out to $91 (8%) higher than Ferris.
Pecan Hill
Pecan Hill is approximately 6 miles southwest from Ferris. Its housing prices are a lot more expensive. The median home in Pecan Hill costs $157,100, which works out to $65,600 (41%) higher than Ferris. Rent there is somewhat more expensive. In Pecan Hill the median rent is $1,307 a month, which comes out to $324 (24%) higher than Ferris.
Hutchins
Hutchins is approximately 8 miles north of Ferris. Its real estate prices are substantially less expensive. The median home value in Hutchins is $68,800, which comes out to $22,700 (32%) lower than Ferris. Rent there is pretty similar. Hutchins's median monthly rent is $1,017, which works out to $34 (3%) higher than Ferris.
