Home prices
The median home price in Hemphill is $89,600. In comparison to nearby areas this is about $21,980 (19%) lower.Compared to the entire nation it is about $127,900 (58%) lower, and in comparison to the city of Shreveport it is roughly $58,500 (39%) lower.
Rents
The median monthly rent in Hemphill is $583. It is approximately $140 (19%) lower in comparison to its nearby areas.It is about $479 (45%) lower in comparison to the US as a whole, and it is about $229 (28%) lower in comparison to the city of Shreveport.
Nearby places
Pineland
Pineland is about 9 miles southwest of Hemphill. Real estate prices there are substantially less expensive. Pineland's median home cost is $63,300, which works out to $26,300 (41%) lower than Hemphill. Rents there are significantly less expensive. The median rent in Pineland is $402 per month, which works out to $181 (45%) lower than Hemphill.
San Augustine
San Augustine is roughly 19 miles northwest from Hemphill. The real estate prices there are similar. The value of the median home in San Augustine is $89,100, which is very similar to Hemphill. Rents there are somewhat less expensive. In San Augustine the median rent is $542 per month, which is $41 (7%) lower than Hemphill.
Sam Rayburn
Sam Rayburn is roughly 21 miles southwest of Hemphill. Its housing prices are significantly more expensive. The median home in Sam Rayburn is valued at $209,300, which comes out to $119,700 (57%) higher than Hemphill. Its rents are a lot more expensive. In Sam Rayburn the median monthly rent is $1,179, which comes out to $596 (50%) higher than Hemphill.
Florien
Florien is about 22 miles east of Hemphill. Its housing prices are a bit more expensive. The median home in Florien is valued at $121,700, which is $32,100 (26%) higher than Hemphill. Rents there are a little more expensive. In Florien the median monthly rent is $687, which is $104 (15%) higher than Hemphill.
Fisher
Fisher is about 23 miles northeast from Hemphill. The real estate prices there are somewhat less expensive. Fisher's median home cost is $74,500, which works out to $15,100 (20%) lower than Hemphill. Rent there is a bit more expensive. In Fisher the median monthly rent is $807, which is $224 (27%) higher than Hemphill.
