Home prices
The price of the median home in Welby is $213,500. In comparison to the surrounding areas it is roughly $22,340 (11%) higher.In comparison to the rest of the country it is approximately $4,000 (1%) lower, and is roughly $177,100 (45%) lower compared to the city of Denver.
Rents
Welby's median rent is $1,211 a month. Compared to the surrounding areas it is roughly $124 (9%) lower.Compared to the country as a whole it is about $149 (14%) higher, and it is approximately $100 (7%) lower compared to the city of Denver.
Nearby places
Sherrelwood
Sherrelwood is Welby's neighbor to the west. The real estate prices there are a little more expensive. Sherrelwood's median home cost is $273,500, which is $60,000 (21%) higher than Welby. Rent there is somewhat more expensive. Sherrelwood's median monthly rent is $1,363, which is $152 (11%) higher than Welby.
North Washington
North Washington is Welby's neighbor to the south. The real estate prices there are a lot less expensive. The median home cost in North Washington is $139,900, which works out to $73,600 (52%) lower than Welby. Its rents are a bit more expensive. North Washington's median rent is $1,341 a month, which works out to $130 (9%) higher than Welby.
Derby
Derby is roughly 2 miles east of Welby. Its real estate prices are a little less expensive. Derby's median home value is $187,500, which comes out to $26,000 (13%) lower than Welby. Rent there is similar. The median rent in Derby is $1,224 a month, which works out to $13 (1%) higher than Welby.
Federal Heights
Federal Heights is about 2 miles northwest of Welby. Its housing prices are a lot less expensive. The median home value in Federal Heights is $64,300, which works out to $149,200 (232%) lower than Welby. Its rents are similar. Federal Heights's median monthly rent is $1,206, which is very similar to Welby.
Shaw Heights
Shaw Heights is about 3 miles west from Welby. Housing prices there are a bit more expensive. The median home in Shaw Heights is valued at $290,600, which is $77,100 (26%) higher than Welby. Its rents are somewhat more expensive. In Shaw Heights the median rent is $1,540 a month, which comes out to $329 (21%) higher than Welby.
