Home prices
The median home in Wheeler costs $85,500. This is roughly $17,700 (26%) higher compared to other places in this area.In comparison to the entire country it is roughly $132,000 (60%) lower, and compared to the city of Altus it is approximately $21,700 (20%) lower.
Rents
The median monthly rent in Wheeler is $677. This is approximately $12 (1%) lower compared to its surrounding areas.Compared to the US as a whole it is approximately $385 (36%) lower, and in comparison to the city of Altus it is roughly $64 (8%) lower.
Nearby places
Shamrock
Shamrock is roughly 16 miles south of Wheeler. The housing prices there are a little less expensive. The median home in Shamrock is valued at $68,300, which comes out to $17,200 (25%) lower than Wheeler. Rent there is fairly similar. In Shamrock the median rent is $706 per month, which works out to $29 (4%) higher than Wheeler.
McLean
McLean is about 22 miles southwest from Wheeler. Real estate prices there are a lot less expensive. The median home in McLean costs $41,900, which works out to $43,600 (104%) lower than Wheeler. Rents there are fairly similar. In McLean the median monthly rent is $659, which comes out to $18 (2%) lower than Wheeler.
Reydon
Reydon is about 22 miles northeast of Wheeler. Real estate prices there are a little less expensive. The median home value in Reydon is $70,700, which comes out to $14,800 (20%) lower than Wheeler. Rent there is a bit less expensive. In Reydon the median monthly rent is $513, which is $164 (31%) lower than Wheeler.
Miami
Miami is approximately 25 miles northwest of Wheeler. Real estate prices there are somewhat more expensive. Miami's median home value is $93,100, which comes out to $7,600 (8%) higher than Wheeler. Its rents are a little more expensive. In Miami the median monthly rent is $880, which works out to $203 (23%) higher than Wheeler.
Erick
Erick is approximately 25 miles southeast from Wheeler. Its real estate prices are somewhat less expensive. The price of the median home in Erick is $65,000, which works out to $20,500 (31%) lower than Wheeler. Rents there are fairly similar. In Erick the median rent is $685 a month, which comes out to $8 (1%) higher than Wheeler.