Home prices
The median home price in Muleshoe is $67,000. Compared to other places in this area this is roughly $13,940 (17%) lower.It is approximately $150,500 (69%) lower in comparison to the country as a whole, and in comparison to the city of Lubbock is roughly $73,800 (52%) lower.
Rents
In Muleshoe the median monthly rent is $691. This is approximately $21 (2%) lower in comparison to nearby areas.In comparison to the nation as a whole it is approximately $371 (34%) lower, and compared to the city of Lubbock is roughly $264 (27%) lower.
Nearby places
Sudan
Sudan is roughly 15 miles southeast from Muleshoe. Real estate prices there are a little more expensive. Sudan's median home value is $71,300, which works out to $4,300 (6%) higher than Muleshoe. Rent there is a little less expensive. Sudan's median monthly rent is $654, which is $37 (5%) lower than Muleshoe.
Earth
Earth is approximately 16 miles east of Muleshoe. Its real estate prices are fairly similar. The cost of the median home in Earth is $64,700, which is $2,300 (3%) lower than Muleshoe. Rent there is somewhat more expensive. Earth's median monthly rent is $765, which is $74 (9%) higher than Muleshoe.
Farwell
Farwell is about 19 miles northwest of Muleshoe. The housing prices there are significantly more expensive. The median home in Farwell costs $103,600, which works out to $36,600 (35%) higher than Muleshoe. Rents there are similar. The median monthly rent in Farwell is $678, which is $13 (1%) lower than Muleshoe.
Texico
Texico is about 20 miles northwest from Muleshoe. Its housing prices are somewhat more expensive. The cost of the median home in Texico is $87,200, which is $20,200 (23%) higher than Muleshoe. Rent there is somewhat more expensive. The median monthly rent in Texico is $798, which comes out to $107 (13%) higher than Muleshoe.
Bovina
Bovina is approximately 22 miles north of Muleshoe. Real estate prices there are a little more expensive. The median home value in Bovina is $77,900, which comes out to $10,900 (13%) higher than Muleshoe. Its rents are similar. In Bovina the median rent is $666 a month, which works out to $25 (3%) lower than Muleshoe.