Home prices
The cost of the median home in Southmayd is $62,200. It is about $25,200 (28%) lower in comparison to nearby areas.It is about $155,300 (71%) lower in comparison to the rest of the country, and compared to the city of Dallas is about $125,900 (66%) lower.
Rents
In Southmayd the median monthly rent is $900. This is about $55 (5%) lower compared to its nearby areas.It is roughly $162 (15%) lower compared to the nation as a whole, and is approximately $152 (14%) lower compared to the city of Dallas.
Nearby places
Sherman
Sherman is approximately 5 miles east of Southmayd. The housing prices there are significantly more expensive. Sherman's median home cost is $126,200, which comes out to $64,000 (50%) higher than Southmayd. Rents there are pretty similar. The median monthly rent in Sherman is $880, which is $20 (2%) lower than Southmayd.
Knollwood
Knollwood is approximately 7 miles northeast from Southmayd. Real estate prices there are substantially less expensive. The median home in Knollwood is valued at $19,300, which works out to $42,900 (222%) lower than Southmayd. Its rents are a little more expensive. In Knollwood the median rent is $1,135 per month, which works out to $235 (20%) higher than Southmayd.
Sadler
Sadler is approximately 7 miles northwest from Southmayd. The housing prices there are somewhat more expensive. The median home price in Sadler is $76,700, which comes out to $14,500 (18%) higher than Southmayd. Its rents are somewhat less expensive. The median rent in Sadler is $743 per month, which is $157 (21%) lower than Southmayd.
Whitesboro
Whitesboro is roughly 9 miles west from Southmayd. The housing prices there are substantially more expensive. The median home cost in Whitesboro is $105,900, which is $43,700 (41%) higher than Southmayd. Its rents are similar. In Whitesboro the median monthly rent is $919, which is $19 (2%) higher than Southmayd.
Collinsville
Collinsville is about 10 miles southwest from Southmayd. The housing prices there are a lot more expensive. The median home in Collinsville costs $108,900, which is $46,700 (42%) higher than Southmayd. Rent there is a little more expensive. Collinsville's median monthly rent is $1,100, which comes out to $200 (18%) higher than Southmayd.
