Similar to its nearby areas, it is a lot less expensive compared to the entire country. Compared to the city of Memphis however, it is somewhat less expensive.
Home prices
Tiptonville's median home price is $81,000. In comparison to its surrounding areas it is roughly $1,280 (1%) lower.Compared to the United States as a whole it is roughly $136,500 (62%) lower, and it is approximately $20,800 (20%) lower in comparison to the city of Memphis.
Rents
Tiptonville's median monthly rent is $510. It is about $121 (19%) lower compared to nearby areas.In comparison to the US as a whole it is approximately $552 (51%) lower, and compared to the city of Memphis it is roughly $391 (43%) lower.
Nearby places
Samburg
Samburg is about 5 miles east from Tiptonville. Its housing prices are significantly more expensive. The median home cost in Samburg is $155,200, which works out to $74,200 (47%) higher than Tiptonville. Its rents are a little more expensive. The median rent in Samburg is $685 per month, which comes out to $175 (25%) higher than Tiptonville.
Hornbeak
Hornbeak is roughly 9 miles southeast from Tiptonville. The housing prices there are a little less expensive. The median home in Hornbeak is valued at $73,200, which is $7,800 (10%) lower than Tiptonville. Rents there are somewhat more expensive. The median rent in Hornbeak is $644 a month, which is $134 (20%) higher than Tiptonville.
Ridgely
Ridgely is about 9 miles south from Tiptonville. The housing prices there are somewhat less expensive. The median home cost in Ridgely is $65,800, which is $15,200 (23%) lower than Tiptonville. Rents there are pretty similar. Ridgely's median monthly rent is $492, which is $18 (3%) lower than Tiptonville.
Marston
Marston is roughly 11 miles northwest of Tiptonville. Housing prices there are a lot less expensive. The median home in Marston costs $23,000, which comes out to $58,000 (252%) lower than Tiptonville. The rent there is significantly more expensive. In Marston the median rent is $763 per month, which comes out to $253 (33%) higher than Tiptonville.
Portageville
Portageville is about 11 miles west of Tiptonville. Its real estate prices are a bit more expensive. The median home in Portageville is valued at $94,200, which works out to $13,200 (14%) higher than Tiptonville. Rents there are somewhat more expensive. The median monthly rent in Portageville is $569, which works out to $59 (10%) higher than Tiptonville.
