Home prices
The median home in Nahant costs $625,400. It is about $223,980 (55%) higher compared to its nearby areas.In comparison to the United States as a whole it is roughly $407,900 (187%) higher, and is about $92,700 (17%) higher compared to the city of Boston.
Rents
Nahant's median rent is $1,473 per month. Compared to its surrounding areas it is roughly $101 (7%) higher.It is approximately $411 (38%) higher compared to the entire nation, and it is roughly $147 (9%) lower in comparison to the city of Boston.
Nearby places
Lynn
Lynn is Nahant's neighbor to the northwest. Its housing prices are significantly less expensive. Lynn's median home value is $323,100, which works out to $302,300 (93%) lower than Nahant. Rent there is a bit less expensive. Lynn's median monthly rent is $1,189, which comes out to $284 (23%) lower than Nahant.
Swampscott
Swampscott is approximately 3 miles north of Nahant. The housing prices there are a little less expensive. Swampscott's median home price is $475,500, which works out to $149,900 (31%) lower than Nahant. Rents there are somewhat more expensive. Swampscott's median rent is $1,916 a month, which comes out to $443 (23%) higher than Nahant.
Revere
Revere is roughly 3 miles west of Nahant. The real estate prices there are substantially less expensive. The median home cost in Revere is $373,800, which works out to $251,600 (67%) lower than Nahant. Rent there is pretty similar. In Revere the median rent is $1,419 a month, which is $54 (3%) lower than Nahant.
Winthrop Town
Winthrop Town is about 4 miles southwest from Nahant. The real estate prices there are significantly less expensive. The median home in Winthrop Town costs $439,800, which comes out to $185,600 (42%) lower than Nahant. The rent there is pretty similar. In Winthrop Town the median monthly rent is $1,415, which works out to $58 (4%) lower than Nahant.
Saugus
Saugus is approximately 4 miles northwest from Nahant. Real estate prices there are substantially less expensive. The median home value in Saugus is $394,900, which is $230,500 (58%) lower than Nahant. Rents there are substantially less expensive. Saugus's median monthly rent is $919, which comes out to $554 (60%) lower than Nahant.