Home prices
The median home value in Gallatin is $83,900. Compared to other places in this area it is about $18,440 (18%) lower.It is roughly $133,600 (61%) lower compared to the rest of the nation, and is approximately $76,100 (47%) lower in comparison to the city of Tyler.
Rents
In Gallatin the median monthly rent is $550. It is approximately $221 (28%) lower compared to other places in this area.Compared to the United States as a whole it is about $512 (48%) lower, and it is roughly $373 (40%) lower in comparison to the city of Tyler.
Nearby places
New Summerfield
New Summerfield is approximately 6 miles north from Gallatin. Its housing prices are a bit less expensive. The median home in New Summerfield costs $75,500, which works out to $8,400 (11%) lower than Gallatin. The rent there is a little less expensive. New Summerfield's median rent is $458 per month, which comes out to $92 (20%) lower than Gallatin.
Rusk
Rusk is roughly 7 miles south of Gallatin. The real estate prices there are fairly similar. The median home in Rusk is valued at $84,300, which is very similar to Gallatin. Its rents are substantially more expensive. The median rent in Rusk is $921 a month, which works out to $371 (40%) higher than Gallatin.
Jacksonville
Jacksonville is approximately 7 miles northwest from Gallatin. Housing prices there are a bit more expensive. The cost of the median home in Jacksonville is $89,000, which comes out to $5,100 (5%) higher than Gallatin. Its rents are a bit more expensive. The median monthly rent in Jacksonville is $719, which is $169 (23%) higher than Gallatin.
Reklaw
Reklaw is roughly 9 miles east of Gallatin. Its housing prices are pretty similar. The median home in Reklaw costs $87,900, which works out to $4,000 (4%) higher than Gallatin. The rent there is somewhat more expensive. Reklaw's median monthly rent is $782, which is $232 (29%) higher than Gallatin.
Cuney
Cuney is about 17 miles northwest of Gallatin. Its real estate prices are significantly more expensive. The median home in Cuney is valued at $175,000, which comes out to $91,100 (52%) higher than Gallatin. Rents there are a lot more expensive. In Cuney the median monthly rent is $975, which is $425 (43%) higher than Gallatin.