Home prices
The cost of the median home in Munford is $168,300. This is roughly $24,720 (17%) higher in comparison to the surrounding areas.It is roughly $49,200 (22%) lower in comparison to the entire country, and compared to the city of Memphis it is approximately $66,500 (65%) higher.
Rents
The median rent in Munford is $893 a month. Compared to other places in this area it is about $10 (1%) lower.It is approximately $169 (15%) lower compared to the rest of the country, and in comparison to the city of Memphis it is is very similar.
Nearby places
Atoka
Atoka is Munford's neighbor to the southeast. Its real estate prices are somewhat more expensive. The cost of the median home in Atoka is $195,200, which comes out to $26,900 (13%) higher than Munford. The rent there is a bit more expensive. In Atoka the median monthly rent is $1,186, which comes out to $293 (24%) higher than Munford.
Brighton
Brighton is roughly 4 miles northeast from Munford. The housing prices there are a bit less expensive. The median home in Brighton is valued at $135,900, which is $32,400 (23%) lower than Munford. Its rents are a little more expensive. The median rent in Brighton is $986 a month, which comes out to $93 (9%) higher than Munford.
Gilt Edge
Gilt Edge is about 6 miles north of Munford. Its real estate prices are a little less expensive. The cost of the median home in Gilt Edge is $131,700, which comes out to $36,600 (27%) lower than Munford. The rent there is a little less expensive. Gilt Edge's median monthly rent is $763, which works out to $130 (17%) lower than Munford.
Burlison
Burlison is roughly 8 miles north of Munford. Real estate prices there are substantially less expensive. The median home in Burlison is valued at $126,100, which works out to $42,200 (33%) lower than Munford. Its rents are significantly less expensive. Burlison's median monthly rent is $642, which is $251 (39%) lower than Munford.
Millington
Millington is about 8 miles southwest of Munford. Its real estate prices are a little less expensive. The cost of the median home in Millington is $129,000, which comes out to $39,300 (30%) lower than Munford. The rent there is pretty similar. In Millington the median monthly rent is $939, which works out to $46 (4%) higher than Munford.
