Much like the surrounding areas, it is significantly less expensive compared to the entire country. Compared to the city of Shreveport however, it is somewhat less expensive.
Home prices
The median home in Texarkana costs $130,600. In comparison to the surrounding areas this is approximately $3,560 (2%) higher.Compared to the nation as a whole it is approximately $86,900 (39%) lower, and is about $17,500 (11%) lower compared to the city of Shreveport.
Rents
The median rent in Texarkana is $781 per month. This is roughly $63 (8%) higher in comparison to its surrounding areas.It is approximately $281 (26%) lower compared to the entire nation, and it is roughly $31 (3%) lower in comparison to the city of Shreveport.
Nearby places
Nash
Nash is Texarkana's neighbor to the west. The housing prices there are somewhat less expensive. The median home in Nash is valued at $118,100, which is $12,500 (10%) lower than Texarkana. Its rents are a little more expensive. In Nash the median rent is $836 per month, which comes out to $55 (6%) higher than Texarkana.
Wake Village
Wake Village is Texarkana's neighbor to the southwest. Real estate prices there are similar. Wake Village's median home value is $134,000, which is $3,400 (2%) higher than Texarkana. Rents there are pretty similar. The median rent in Wake Village is $745 a month, which works out to $36 (4%) lower than Texarkana.
Texarkana
Texarkana is Texarkana's neighbor to the east. Real estate prices there are a bit less expensive. Texarkana's median home cost is $119,700, which is $10,900 (9%) lower than Texarkana. Rent there is a little less expensive. The median rent in Texarkana is $739 a month, which comes out to $42 (5%) lower than Texarkana.
Red Lick
Red Lick is approximately 4 miles northwest from Texarkana. The real estate prices there are a lot more expensive. The median home cost in Red Lick is $197,300, which works out to $66,700 (33%) higher than Texarkana. Its rents are substantially less expensive. The median monthly rent in Red Lick is $572, which comes out to $209 (36%) lower than Texarkana.
Leary
Leary is about 7 miles west from Texarkana. Its real estate prices are significantly less expensive. Leary's median home value is $66,100, which comes out to $64,500 (97%) lower than Texarkana. Rent there is somewhat less expensive. The median monthly rent in Leary is $700, which comes out to $81 (11%) lower than Texarkana.