Much like the surrounding areas, it's substantially less expensive compared to the US as a whole. Compared to the city of Lubbock, it is a lot less expensive.
Home prices
The median home in Hale Center costs $69,200. This is approximately $1,580 (2%) higher in comparison to other places in this area.Compared to the US as a whole it is roughly $148,300 (68%) lower, and it is approximately $71,600 (50%) lower compared to the city of Lubbock.
Rents
In Hale Center the median monthly rent is $638. In comparison to nearby areas it is about $24 (3%) lower.In comparison to the entire country it is roughly $424 (39%) lower, and in comparison to the city of Lubbock it is roughly $317 (33%) lower.
Nearby places
Plainview
Plainview is about 11 miles northeast of Hale Center. Its real estate prices are somewhat more expensive. The median home in Plainview is valued at $84,400, which is $15,200 (18%) higher than Hale Center. Rents there are similar. Plainview's median monthly rent is $645, which comes out to $7 (1%) higher than Hale Center.
Seth Ward
Seth Ward is roughly 13 miles northeast from Hale Center. The housing prices there are a lot less expensive. The median home in Seth Ward is valued at $44,000, which works out to $25,200 (57%) lower than Hale Center. Rents there are pretty similar. In Seth Ward the median monthly rent is $643, which is very similar to Hale Center.
Abernathy
Abernathy is approximately 16 miles south from Hale Center. Housing prices there are a bit more expensive. The value of the median home in Abernathy is $80,900, which works out to $11,700 (14%) higher than Hale Center. The rent there is somewhat more expensive. The median monthly rent in Abernathy is $685, which works out to $47 (6%) higher than Hale Center.
Olton
Olton is approximately 16 miles northwest of Hale Center. The real estate prices there are somewhat less expensive. The cost of the median home in Olton is $62,000, which works out to $7,200 (11%) lower than Hale Center. Rents there are pretty similar. In Olton the median rent is $634 a month, which is very similar to Hale Center.
Lockney
Lockney is roughly 20 miles east from Hale Center. Real estate prices there are pretty similar. The median home in Lockney costs $66,800, which is $2,400 (3%) lower than Hale Center. Rent there is somewhat more expensive. In Lockney the median rent is $704 a month, which comes out to $66 (9%) higher than Hale Center.
