Similar to its surrounding areas, it's substantially less expensive compared to the US as a whole. Compared to the city of Memphis, it is a lot less expensive.
Home prices
Sledge's median home price is $47,800. In comparison to the surrounding areas this is is very similar.It is about $169,700 (78%) lower compared to the rest of the nation, and is about $54,000 (53%) lower in comparison to the city of Memphis.
Rents
Sledge's median rent is $696 per month. This is about $142 (25%) higher in comparison to the surrounding areas.It is roughly $366 (34%) lower in comparison to the entire nation, and in comparison to the city of Memphis it is about $205 (22%) lower.
Nearby places
Falcon
Falcon is about 3 miles southwest from Sledge. Its real estate prices are substantially less expensive. The median home price in Falcon is $33,800, which works out to $14,000 (41%) lower than Sledge. Rents there are a little more expensive. Falcon's median monthly rent is $753, which is $57 (7%) higher than Sledge.
Crenshaw
Crenshaw is roughly 5 miles north from Sledge. The real estate prices there are pretty similar. The median home in Crenshaw is valued at $50,200, which is $2,400 (4%) higher than Sledge. Its rents are somewhat more expensive. The median monthly rent in Crenshaw is $755, which works out to $59 (7%) higher than Sledge.
Lula
Lula is about 12 miles west from Sledge. Real estate prices there are fairly similar. The value of the median home in Lula is $47,000, which is $800 (1%) lower than Sledge. Rent there is significantly less expensive. In Lula the median rent is $264 per month, which comes out to $432 (163%) lower than Sledge.
Marks
Marks is approximately 13 miles south from Sledge. Its housing prices are somewhat more expensive. Marks's median home cost is $67,800, which is $20,000 (29%) higher than Sledge. The rent there is somewhat less expensive. Marks's median monthly rent is $611, which comes out to $85 (13%) lower than Sledge.
Jonestown
Jonestown is roughly 14 miles southwest from Sledge. Real estate prices there are somewhat less expensive. The cost of the median home in Jonestown is $42,100, which comes out to $5,700 (13%) lower than Sledge. Its rents are substantially less expensive. Jonestown's median monthly rent is $388, which works out to $308 (79%) lower than Sledge.
