Home prices
The median home in Ridgely costs $65,800. In comparison to other places in this area this is approximately $28,220 (30%) lower.In comparison to the US as a whole it is about $151,700 (69%) lower, and compared to the city of Memphis is about $36,000 (35%) lower.
Rents
The median monthly rent in Ridgely is $492. In comparison to nearby areas it is about $131 (21%) lower.It is roughly $570 (53%) lower in comparison to the entire nation, and is approximately $409 (45%) lower in comparison to the city of Memphis.
Nearby places
Tiptonville
Tiptonville is about 9 miles north of Ridgely. The housing prices there are a little more expensive. The median home in Tiptonville is valued at $81,000, which comes out to $15,200 (18%) higher than Ridgely. Rent there is fairly similar. The median rent in Tiptonville is $510 per month, which comes out to $18 (3%) higher than Ridgely.
Hornbeak
Hornbeak is about 10 miles northeast from Ridgely. The real estate prices there are somewhat more expensive. The price of the median home in Hornbeak is $73,200, which works out to $7,400 (10%) higher than Ridgely. Rents there are somewhat more expensive. In Hornbeak the median rent is $644 a month, which is $152 (23%) higher than Ridgely.
Samburg
Samburg is about 10 miles northeast of Ridgely. Real estate prices there are substantially more expensive. Samburg's median home value is $155,200, which comes out to $89,400 (57%) higher than Ridgely. Its rents are a little more expensive. In Samburg the median monthly rent is $685, which comes out to $193 (28%) higher than Ridgely.
Caruthersville
Caruthersville is approximately 10 miles southwest from Ridgely. Its housing prices are a bit more expensive. The price of the median home in Caruthersville is $94,600, which works out to $28,800 (30%) higher than Ridgely. The rent there is somewhat more expensive. The median rent in Caruthersville is $612 per month, which comes out to $120 (19%) higher than Ridgely.
Hayti
Hayti is about 13 miles west from Ridgely. Real estate prices there are similar. The cost of the median home in Hayti is $66,100, which is very similar to Ridgely. The rent there is somewhat more expensive. The median monthly rent in Hayti is $664, which is $172 (25%) higher than Ridgely.
