Much like nearby areas, it is significantly less expensive compared to the country as a whole. Compared to the city of Jackson however, it is a little less expensive.
Home prices
The median home in Louisville is valued at $83,500. In comparison to other places in this area it is is very similar.Compared to the country as a whole it is about $134,000 (61%) lower, and in comparison to the city of Jackson it is roughly $7,200 (7%) lower.
Rents
The median monthly rent in Louisville is $688. Compared to nearby areas this is roughly $150 (27%) higher.In comparison to the entire nation it is about $374 (35%) lower, and is about $159 (18%) lower in comparison to the city of Jackson.
Nearby places
Noxapater
Noxapater is approximately 9 miles south of Louisville. The real estate prices there are similar. The median home in Noxapater costs $80,000, which works out to $3,500 (4%) lower than Louisville. Its rents are a little less expensive. In Noxapater the median monthly rent is $645, which comes out to $43 (6%) lower than Louisville.
Ackerman
Ackerman is roughly 15 miles northwest from Louisville. The real estate prices there are somewhat more expensive. The median home cost in Ackerman is $108,900, which is $25,400 (23%) higher than Louisville. Its rents are a lot less expensive. The median rent in Ackerman is $294 a month, which works out to $394 (134%) lower than Louisville.
Weir
Weir is roughly 15 miles northwest from Louisville. The housing prices there are significantly less expensive. The median home price in Weir is $48,000, which works out to $35,500 (73%) lower than Louisville. Rents there are a little less expensive. The median monthly rent in Weir is $542, which works out to $146 (26%) lower than Louisville.
Sturgis
Sturgis is approximately 16 miles north from Louisville. Real estate prices there are a bit more expensive. The median home in Sturgis is valued at $93,800, which comes out to $10,300 (10%) higher than Louisville. Rents there are somewhat less expensive. The median rent in Sturgis is $625 per month, which works out to $63 (10%) lower than Louisville.
Macon
Macon is approximately 25 miles east of Louisville. Its real estate prices are pretty similar. The median home in Macon is valued at $82,900, which is very similar to Louisville. Rent there is a little less expensive. In Macon the median rent is $585 per month, which is $103 (17%) lower than Louisville.
