Home prices
The cost of the median home in Tatum is $154,200. In comparison to the surrounding areas this is about $8,060 (5%) higher.It is approximately $63,300 (29%) lower in comparison to the rest of the country, and in comparison to the city of Shreveport it is approximately $6,100 (4%) higher.
Rents
Tatum's median monthly rent is $596. This is roughly $248 (29%) lower compared to its surrounding areas.It is roughly $466 (43%) lower in comparison to the US as a whole, and in comparison to the city of Shreveport it is roughly $216 (26%) lower.
Nearby places
Easton
Easton is about 6 miles northwest from Tatum. Housing prices there are significantly less expensive. The cost of the median home in Easton is $82,000, which is $72,200 (88%) lower than Tatum. Rent there is pretty similar. Easton's median monthly rent is $619, which comes out to $23 (3%) higher than Tatum.
Beckville
Beckville is approximately 6 miles southeast of Tatum. The real estate prices there are significantly less expensive. The value of the median home in Beckville is $104,100, which comes out to $50,100 (48%) lower than Tatum. Its rents are a little more expensive. Beckville's median rent is $784 per month, which comes out to $188 (23%) higher than Tatum.
Lake Cherokee
Lake Cherokee is approximately 7 miles northwest of Tatum. The housing prices there are substantially more expensive. The cost of the median home in Lake Cherokee is $272,000, which is $117,800 (43%) higher than Tatum. Rents there are a bit more expensive. The median monthly rent in Lake Cherokee is $806, which is $210 (26%) higher than Tatum.
Lakeport
Lakeport is approximately 11 miles northwest of Tatum. The real estate prices there are significantly less expensive. Lakeport's median home value is $92,400, which works out to $61,800 (66%) lower than Tatum. The rent there is significantly more expensive. The median monthly rent in Lakeport is $1,053, which is $457 (43%) higher than Tatum.
Hallsville
Hallsville is approximately 14 miles north from Tatum. The housing prices there are a little more expensive. Hallsville's median home value is $180,200, which works out to $26,000 (14%) higher than Tatum. Its rents are substantially more expensive. Hallsville's median rent is $957 a month, which comes out to $361 (37%) higher than Tatum.