Home prices
The median home in Lipan is valued at $81,900. It is approximately $43,980 (34%) lower in comparison to the surrounding areas.Compared to the country as a whole it is about $135,600 (62%) lower, and compared to the city of Dallas is approximately $106,200 (56%) lower.
Rents
The median rent in Lipan is $750 per month. It is roughly $251 (25%) lower in comparison to its surrounding areas.It is roughly $312 (29%) lower compared to the rest of the country, and in comparison to the city of Dallas it is roughly $302 (28%) lower.
Nearby places
Oak Trail Shores
Oak Trail Shores is about 11 miles east from Lipan. Housing prices there are substantially less expensive. The value of the median home in Oak Trail Shores is $61,400, which comes out to $20,500 (33%) lower than Lipan. The rent there is a bit more expensive. In Oak Trail Shores the median rent is $906 a month, which works out to $156 (17%) higher than Lipan.
Tolar
Tolar is about 11 miles southeast from Lipan. Its real estate prices are significantly more expensive. The value of the median home in Tolar is $175,300, which works out to $93,400 (53%) higher than Lipan. Rents there are significantly more expensive. In Tolar the median rent is $1,125 a month, which is $375 (33%) higher than Lipan.
Granbury
Granbury is approximately 15 miles east from Lipan. The real estate prices there are significantly more expensive. The price of the median home in Granbury is $185,900, which is $104,000 (55%) higher than Lipan. Rents there are a little more expensive. Granbury's median rent is $1,023 a month, which works out to $273 (26%) higher than Lipan.
Gordon
Gordon is roughly 16 miles west of Lipan. Its real estate prices are a bit more expensive. The cost of the median home in Gordon is $108,000, which comes out to $26,100 (24%) higher than Lipan. Rent there is somewhat more expensive. The median rent in Gordon is $856 per month, which is $106 (12%) higher than Lipan.
Millsap
Millsap is about 17 miles north from Lipan. The housing prices there are a little more expensive. Millsap's median home cost is $98,800, which works out to $16,900 (17%) higher than Lipan. Rent there is a bit more expensive. The median rent in Millsap is $1,094 per month, which works out to $344 (31%) higher than Lipan.