Home prices
Horn Lake's median home value is $106,400. It is about $52,300 (32%) lower compared to its nearby areas.It is about $111,100 (51%) lower in comparison to the rest of the nation, and compared to the city of Memphis is approximately $4,600 (4%) higher.
Rents
The median monthly rent in Horn Lake is $1,033. This is roughly $29 (2%) higher in comparison to its nearby areas.In comparison to the US as a whole it is approximately $29 (2%) lower, and it is about $132 (14%) higher in comparison to the city of Memphis.
Nearby places
Lynchburg
Lynchburg is Horn Lake's neighbor to the west. The housing prices there are somewhat more expensive. The median home in Lynchburg costs $141,500, which works out to $35,100 (24%) higher than Horn Lake. Rent there is a little less expensive. Lynchburg's median monthly rent is $876, which comes out to $157 (17%) lower than Horn Lake.
Southaven
Southaven is Horn Lake's neighbor to the east. Real estate prices there are a bit more expensive. The price of the median home in Southaven is $153,200, which comes out to $46,800 (30%) higher than Horn Lake. The rent there is pretty similar. Southaven's median monthly rent is $1,056, which works out to $23 (2%) higher than Horn Lake.
Walls
Walls is approximately 5 miles west of Horn Lake. The real estate prices there are somewhat more expensive. The median home cost in Walls is $126,100, which is $19,700 (15%) higher than Horn Lake. Its rents are a little less expensive. Walls's median rent is $883 a month, which works out to $150 (16%) lower than Horn Lake.
Hernando
Hernando is about 7 miles south from Horn Lake. Its housing prices are significantly more expensive. Hernando's median home value is $197,100, which comes out to $90,700 (46%) higher than Horn Lake. The rent there is similar. In Hernando the median rent is $1,039 per month, which is very similar to Horn Lake.
Olive Branch
Olive Branch is about 10 miles east of Horn Lake. The housing prices there are substantially more expensive. Olive Branch's median home value is $175,600, which comes out to $69,200 (39%) higher than Horn Lake. The rent there is a bit more expensive. Olive Branch's median rent is $1,164 per month, which comes out to $131 (11%) higher than Horn Lake.
