Similar to other places in this area, it is significantly less expensive compared to the country as a whole. However compared to the city of Jackson, it is significantly more expensive.
Home prices
The median home in Raymond is valued at $121,200. This is is very similar compared to the surrounding areas.It is about $96,300 (44%) lower compared to the United States as a whole, and compared to the city of Jackson is about $30,500 (33%) higher.
Rents
Raymond's median rent is $577 per month. It is approximately $212 (26%) lower in comparison to nearby areas.Compared to the country as a whole it is about $485 (45%) lower, and it is approximately $270 (31%) lower compared to the city of Jackson.
Nearby places
Bolton
Bolton is roughly 7 miles north from Raymond. Its housing prices are significantly less expensive. The value of the median home in Bolton is $65,700, which is $55,500 (84%) lower than Raymond. Rents there are a little less expensive. In Bolton the median monthly rent is $498, which is $79 (15%) lower than Raymond.
Clinton
Clinton is approximately 7 miles northeast of Raymond. Real estate prices there are a little more expensive. The median home in Clinton is valued at $169,500, which is $48,300 (28%) higher than Raymond. The rent there is substantially more expensive. The median rent in Clinton is $981 per month, which comes out to $404 (41%) higher than Raymond.
Byram
Byram is roughly 8 miles southeast from Raymond. Housing prices there are a bit more expensive. Byram's median home cost is $141,700, which works out to $20,500 (14%) higher than Raymond. Rent there is a lot more expensive. The median monthly rent in Byram is $1,128, which is $551 (48%) higher than Raymond.
Edwards
Edwards is about 11 miles northwest from Raymond. The housing prices there are significantly less expensive. Edwards's median home cost is $72,700, which is $48,500 (66%) lower than Raymond. The rent there is somewhat less expensive. Edwards's median rent is $531 per month, which works out to $46 (8%) lower than Raymond.
Terry
Terry is about 13 miles southeast from Raymond. The real estate prices there are a bit more expensive. The value of the median home in Terry is $151,800, which is $30,600 (20%) higher than Raymond. Its rents are somewhat more expensive. In Terry the median rent is $809 a month, which works out to $232 (28%) higher than Raymond.
