Much like its nearby areas, it is a lot less expensive compared to the rest of the country. However compared to the city of Cincinnati, it is a bit less expensive.
Home prices
The median home cost in Winchester is $128,200. Compared to the surrounding areas it is roughly $5,140 (4%) higher.In comparison to the entire nation it is approximately $89,300 (41%) lower, and it is about $9,800 (7%) lower in comparison to the city of Cincinnati.
Rents
Winchester's median rent is $698 a month. Compared to nearby areas this is approximately $94 (11%) lower.In comparison to the United States as a whole it is approximately $364 (34%) lower, and in comparison to the city of Cincinnati is roughly $40 (5%) lower.
Nearby places
North Middletown
North Middletown is roughly 10 miles north of Winchester. The housing prices there are a lot less expensive. The median home in North Middletown is valued at $85,400, which is $42,800 (50%) lower than Winchester. Rent there is somewhat more expensive. In North Middletown the median rent is $860 a month, which is $162 (18%) higher than Winchester.
Mount Sterling
Mount Sterling is roughly 12 miles east of Winchester. Housing prices there are fairly similar. The median home value in Mount Sterling is $128,900, which is very similar to Winchester. Rent there is similar. In Mount Sterling the median rent is $684 per month, which comes out to $14 (2%) lower than Winchester.
Lexington-Fayette
Lexington-Fayette is about 12 miles west from Winchester. Housing prices there are a lot more expensive. Lexington-Fayette's median home price is $189,800, which works out to $61,600 (32%) higher than Winchester. Rents there are a little more expensive. The median monthly rent in Lexington-Fayette is $896, which is $198 (22%) higher than Winchester.
Camargo
Camargo is approximately 14 miles east from Winchester. The housing prices there are significantly less expensive. The cost of the median home in Camargo is $83,800, which comes out to $44,400 (52%) lower than Winchester. Its rents are somewhat more expensive. In Camargo the median monthly rent is $812, which comes out to $114 (14%) higher than Winchester.
Paris
Paris is approximately 14 miles north from Winchester. Its real estate prices are similar. The median home in Paris is valued at $127,400, which is very similar to Winchester. Rent there is similar. Paris's median rent is $709 per month, which works out to $11 (1%) higher than Winchester.