Home prices
The value of the median home in Hornbeak is $73,200. In comparison to its surrounding areas this is about $18,900 (20%) lower.It is about $144,300 (66%) lower compared to the entire nation, and is about $28,600 (28%) lower compared to the city of Memphis.
Rents
Hornbeak's median rent is $644 per month. It is approximately $44 (7%) higher in comparison to its nearby areas.In comparison to the entire country it is about $418 (39%) lower, and in comparison to the city of Memphis it is approximately $257 (28%) lower.
Nearby places
Samburg
Samburg is roughly 4 miles northwest of Hornbeak. Housing prices there are substantially more expensive. The median home in Samburg costs $155,200, which comes out to $82,000 (52%) higher than Hornbeak. Rent there is a bit more expensive. Samburg's median rent is $685 per month, which works out to $41 (5%) higher than Hornbeak.
Troy
Troy is roughly 6 miles east from Hornbeak. Its housing prices are somewhat more expensive. The median home in Troy costs $90,000, which comes out to $16,800 (18%) higher than Hornbeak. The rent there is similar. In Troy the median monthly rent is $646, which is very similar to Hornbeak.
Obion
Obion is approximately 7 miles southeast from Hornbeak. Its housing prices are a bit less expensive. The median home in Obion costs $68,500, which works out to $4,700 (6%) lower than Hornbeak. Its rents are similar. The median monthly rent in Obion is $666, which comes out to $22 (3%) higher than Hornbeak.
Tiptonville
Tiptonville is approximately 9 miles northwest from Hornbeak. Its real estate prices are a little more expensive. The median home in Tiptonville costs $81,000, which works out to $7,800 (9%) higher than Hornbeak. Rent there is somewhat less expensive. Tiptonville's median monthly rent is $510, which is $134 (26%) lower than Hornbeak.
Ridgely
Ridgely is roughly 10 miles southwest of Hornbeak. Real estate prices there are a little less expensive. The median home in Ridgely is valued at $65,800, which works out to $7,400 (11%) lower than Hornbeak. Its rents are somewhat less expensive. The median rent in Ridgely is $492 per month, which works out to $152 (30%) lower than Hornbeak.
