Home prices
Mound Bayou's median home cost is $81,900. Compared to nearby areas this is approximately $8,600 (11%) higher.It is approximately $135,600 (62%) lower in comparison to the country as a whole, and in comparison to the city of Memphis is roughly $19,900 (19%) lower.
Rents
Mound Bayou's median rent is $465 a month. It is about $28 (5%) lower in comparison to its nearby areas.Compared to the nation as a whole it is approximately $597 (56%) lower, and is approximately $436 (48%) lower compared to the city of Memphis.
Nearby places
Winstonville
Winstonville is roughly 2 miles northwest of Mound Bayou. Housing prices there are a bit less expensive. Winstonville's median home value is $76,100, which works out to $5,800 (7%) lower than Mound Bayou. Rents there are substantially less expensive. The median monthly rent in Winstonville is $247, which comes out to $218 (88%) lower than Mound Bayou.
Merigold
Merigold is about 3 miles south from Mound Bayou. The real estate prices there are a little more expensive. The price of the median home in Merigold is $88,900, which is $7,000 (7%) higher than Mound Bayou. Its rents are significantly more expensive. The median monthly rent in Merigold is $885, which works out to $420 (47%) higher than Mound Bayou.
Shelby
Shelby is roughly 5 miles north of Mound Bayou. Real estate prices there are somewhat less expensive. The median home in Shelby is valued at $64,100, which comes out to $17,800 (27%) lower than Mound Bayou. The rent there is similar. The median rent in Shelby is $481 a month, which comes out to $16 (3%) higher than Mound Bayou.
Renova
Renova is approximately 7 miles south of Mound Bayou. Its real estate prices are similar. The median home in Renova is valued at $83,600, which works out to $1,700 (2%) higher than Mound Bayou. Its rents are a little less expensive. Renova's median monthly rent is $426, which works out to $39 (9%) lower than Mound Bayou.
Pace
Pace is about 9 miles southwest from Mound Bayou. Its real estate prices are a lot less expensive. The price of the median home in Pace is $53,800, which is $28,100 (52%) lower than Mound Bayou. Rents there are a bit less expensive. The median rent in Pace is $425 per month, which works out to $40 (9%) lower than Mound Bayou.
