Home prices
The median home price in Vega is $89,800. This is about $104,280 (53%) lower in comparison to the surrounding areas.In comparison to the nation as a whole it is roughly $127,700 (58%) lower, and is approximately $42,700 (32%) lower in comparison to the city of Amarillo.
Rents
The median rent in Vega is $775 per month. In comparison to nearby areas this is about $427 (35%) lower.It is approximately $287 (27%) lower in comparison to the United States as a whole, and in comparison to the city of Amarillo is approximately $75 (8%) lower.
Nearby places
Hereford
Hereford is roughly 30 miles south of Vega. Its real estate prices are pretty similar. Hereford's median home price is $90,500, which is very similar to Vega. Rent there is pretty similar. Hereford's median monthly rent is $790, which works out to $15 (1%) higher than Vega.
Canyon
Canyon is approximately 31 miles southeast of Vega. Its real estate prices are substantially more expensive. The median home in Canyon costs $162,700, which works out to $72,900 (44%) higher than Vega. Its rents are somewhat more expensive. The median rent in Canyon is $844 a month, which is $69 (8%) higher than Vega.
Channing
Channing is about 31 miles north from Vega. Its real estate prices are significantly less expensive. The median home price in Channing is $66,700, which works out to $23,100 (34%) lower than Vega. Rent there is somewhat less expensive. The median rent in Channing is $640 a month, which works out to $135 (21%) lower than Vega.
Palisades
Palisades is roughly 33 miles southeast of Vega. Housing prices there are significantly more expensive. The median home price in Palisades is $146,100, which is $56,300 (38%) higher than Vega. Rent there is somewhat more expensive. Palisades's median monthly rent is $1,125, which is $350 (31%) higher than Vega.
Lake Tanglewood
Lake Tanglewood is approximately 34 miles southeast of Vega. Its real estate prices are significantly more expensive. The median home in Lake Tanglewood costs $504,400, which works out to $414,600 (82%) higher than Vega. Rents there are substantially more expensive. Lake Tanglewood's median monthly rent is $2,611, which comes out to $1,836 (70%) higher than Vega.