Home prices
The cost of the median home in Tatum is $90,000. In comparison to nearby areas it is approximately $34,460 (27%) lower.In comparison to the United States as a whole it is roughly $127,500 (58%) lower, and it is roughly $35,600 (28%) lower in comparison to the city of Clovis.
Rents
The median monthly rent in Tatum is $718. Compared to nearby areas it is roughly $122 (14%) lower.Compared to the US as a whole it is approximately $344 (32%) lower, and in comparison to the city of Clovis is roughly $104 (12%) lower.
Nearby places
Plains
Plains is about 25 miles east from Tatum. Its housing prices are a lot less expensive. Plains's median home price is $60,700, which comes out to $29,300 (48%) lower than Tatum. Rent there is somewhat less expensive. The median monthly rent in Plains is $645, which is $73 (11%) lower than Tatum.
Lovington
Lovington is about 25 miles south of Tatum. Housing prices there are somewhat more expensive. The median home in Lovington is valued at $116,800, which comes out to $26,800 (22%) higher than Tatum. Its rents are a bit more expensive. Lovington's median monthly rent is $824, which comes out to $106 (12%) higher than Tatum.
Denver City
Denver City is roughly 32 miles southeast of Tatum. Its housing prices are a bit more expensive. The value of the median home in Denver City is $118,200, which works out to $28,200 (23%) higher than Tatum. Rent there is a bit more expensive. The median rent in Denver City is $829 per month, which is $111 (13%) higher than Tatum.
North Hobbs
North Hobbs is about 36 miles south of Tatum. Housing prices there are significantly more expensive. North Hobbs's median home value is $186,000, which works out to $96,000 (51%) higher than Tatum. Rent there is somewhat more expensive. In North Hobbs the median monthly rent is $1,007, which is $289 (28%) higher than Tatum.
Hobbs
Hobbs is approximately 39 miles south from Tatum. The real estate prices there are a lot more expensive. The price of the median home in Hobbs is $140,600, which works out to $50,600 (35%) higher than Tatum. Rent there is somewhat more expensive. The median monthly rent in Hobbs is $895, which works out to $177 (19%) higher than Tatum.
