Home prices
The cost of the median home in Wellington is $44,200. It is about $11,560 (20%) lower in comparison to its nearby areas.It is approximately $173,300 (79%) lower compared to the rest of the country, and in comparison to the city of Altus is approximately $63,000 (58%) lower.
Rents
The median monthly rent in Wellington is $608. Compared to its nearby areas it is approximately $20 (3%) lower.It is about $454 (42%) lower in comparison to the US as a whole, and is about $133 (17%) lower compared to the city of Altus.
Nearby places
Memphis
Memphis is roughly 18 miles southwest from Wellington. Housing prices there are a bit more expensive. The median home price in Memphis is $51,700, which is $7,500 (14%) higher than Wellington. Rents there are a little less expensive. The median monthly rent in Memphis is $517, which is $91 (17%) lower than Wellington.
Hollis
Hollis is approximately 19 miles southeast of Wellington. The real estate prices there are somewhat more expensive. The median home cost in Hollis is $56,100, which comes out to $11,900 (21%) higher than Wellington. The rent there is somewhat less expensive. The median monthly rent in Hollis is $570, which is $38 (6%) lower than Wellington.
Hedley
Hedley is approximately 22 miles west of Wellington. The real estate prices there are substantially less expensive. The median home value in Hedley is $24,500, which is $19,700 (80%) lower than Wellington. Rents there are fairly similar. In Hedley the median monthly rent is $608, which is very similar to Wellington.
Shamrock
Shamrock is approximately 26 miles north from Wellington. Its real estate prices are significantly more expensive. The median home in Shamrock is valued at $68,300, which works out to $24,100 (35%) higher than Wellington. Rents there are a bit more expensive. In Shamrock the median monthly rent is $706, which works out to $98 (13%) higher than Wellington.
Childress
Childress is about 30 miles south from Wellington. Real estate prices there are significantly more expensive. The median home in Childress costs $78,200, which is $34,000 (43%) higher than Wellington. Rent there is a bit more expensive. The median rent in Childress is $740 a month, which comes out to $132 (17%) higher than Wellington.
