Home prices
The value of the median home in Dedham is $461,200. It is approximately $298,480 (39%) lower in comparison to other places in this area.In comparison to the rest of the country it is approximately $243,700 (112%) higher, and is roughly $71,500 (13%) lower compared to the city of Boston.
Rents
In Dedham the median monthly rent is $1,669. In comparison to the surrounding areas this is approximately $285 (14%) lower.It is roughly $607 (57%) higher in comparison to the rest of the nation, and compared to the city of Boston is roughly $49 (3%) higher.
Nearby places
Needham
Needham is Dedham's neighbor to the northwest. Its housing prices are substantially more expensive. The median home price in Needham is $855,300, which works out to $394,100 (46%) higher than Dedham. Rents there are a little less expensive. The median rent in Needham is $1,483 per month, which comes out to $186 (12%) lower than Dedham.
Milton
Milton is Dedham's neighbor to the east. Housing prices there are somewhat more expensive. The median home value in Milton is $618,800, which comes out to $157,600 (25%) higher than Dedham. The rent there is somewhat less expensive. In Milton the median monthly rent is $1,330, which works out to $339 (25%) lower than Dedham.
Norwood
Norwood is approximately 4 miles south of Dedham. Real estate prices there are similar. Norwood's median home value is $439,300, which is $21,900 (4%) lower than Dedham. The rent there is a bit less expensive. Norwood's median monthly rent is $1,563, which comes out to $106 (6%) lower than Dedham.
Dover
Dover is approximately 4 miles west from Dedham. Housing prices there are substantially more expensive. The price of the median home in Dover is $951,800, which comes out to $490,600 (51%) higher than Dedham. Its rents are a lot more expensive. Dover's median monthly rent is $3,125, which is $1,456 (46%) higher than Dedham.
Brookline
Brookline is about 5 miles north of Dedham. The real estate prices there are a lot more expensive. The median home value in Brookline is $933,200, which works out to $472,000 (50%) higher than Dedham. Its rents are somewhat more expensive. Brookline's median rent is $2,268 per month, which is $599 (26%) higher than Dedham.