Home prices
The median home value in Water Valley is $97,200. This is roughly $38,740 (28%) lower in comparison to the surrounding areas.It is approximately $120,300 (55%) lower in comparison to the country as a whole, and is approximately $4,600 (4%) lower compared to the city of Memphis.
Rents
In Water Valley the median rent is $516 per month. Compared to other places in this area it is about $139 (21%) lower.It is about $546 (51%) lower compared to the country as a whole, and in comparison to the city of Memphis is about $385 (42%) lower.
Nearby places
Taylor
Taylor is roughly 8 miles north of Water Valley. The real estate prices there are a lot more expensive. The median home in Taylor is valued at $202,300, which is $105,100 (51%) higher than Water Valley. Its rents are a little more expensive. In Taylor the median monthly rent is $597, which comes out to $81 (13%) higher than Water Valley.
Coffeeville
Coffeeville is about 13 miles south from Water Valley. Its housing prices are a little less expensive. The median home cost in Coffeeville is $75,700, which is $21,500 (28%) lower than Water Valley. Rent there is a bit more expensive. The median monthly rent in Coffeeville is $604, which is $88 (14%) higher than Water Valley.
Oxford
Oxford is approximately 15 miles north of Water Valley. Its housing prices are a lot more expensive. The median home value in Oxford is $248,200, which is $151,000 (60%) higher than Water Valley. Rents there are a lot more expensive. In Oxford the median monthly rent is $959, which is $443 (46%) higher than Water Valley.
Pope
Pope is approximately 16 miles west from Water Valley. The housing prices there are fairly similar. The cost of the median home in Pope is $97,500, which is very similar to Water Valley. The rent there is somewhat more expensive. Pope's median monthly rent is $590, which works out to $74 (12%) higher than Water Valley.
Oakland
Oakland is approximately 16 miles southwest of Water Valley. The real estate prices there are a lot less expensive. The price of the median home in Oakland is $56,000, which is $41,200 (73%) lower than Water Valley. Rents there are fairly similar. The median monthly rent in Oakland is $525, which comes out to $9 (1%) higher than Water Valley.
