Similar to its nearby areas, it's a lot more expensive compared to the rest of the country. However compared to the city of Boston, it is significantly less expensive.
Home prices
The median home in Pepperell costs $289,600. Compared to its nearby areas this is approximately $12,680 (4%) lower.In comparison to the entire nation it is approximately $72,100 (33%) higher, and compared to the city of Boston is approximately $243,100 (45%) lower.
Rents
In Pepperell the median monthly rent is $986. In comparison to its surrounding areas it is is very similar.It is roughly $76 (7%) lower compared to the entire nation, and it is roughly $634 (39%) lower compared to the city of Boston.
Nearby places
East Pepperell
East Pepperell is Pepperell's neighbor to the east. The housing prices there are somewhat more expensive. The value of the median home in East Pepperell is $313,200, which works out to $23,600 (7%) higher than Pepperell. Rents there are a bit less expensive. The median monthly rent in East Pepperell is $922, which is $64 (6%) lower than Pepperell.
Groton
Groton is roughly 4 miles south from Pepperell. The real estate prices there are somewhat more expensive. Groton's median home value is $379,700, which is $90,100 (23%) higher than Pepperell. Its rents are a bit less expensive. The median monthly rent in Groton is $900, which comes out to $86 (9%) lower than Pepperell.
Townsend
Townsend is roughly 4 miles west of Pepperell. Housing prices there are somewhat less expensive. Townsend's median home cost is $234,000, which is $55,600 (23%) lower than Pepperell. The rent there is somewhat less expensive. Townsend's median monthly rent is $773, which comes out to $213 (27%) lower than Pepperell.
Nashua
Nashua is roughly 6 miles northeast from Pepperell. Its housing prices are a bit less expensive. The value of the median home in Nashua is $267,900, which is $21,700 (8%) lower than Pepperell. Rent there is a bit more expensive. Nashua's median rent is $1,281 a month, which comes out to $295 (23%) higher than Pepperell.
Ayer
Ayer is about 7 miles south of Pepperell. Its housing prices are a little more expensive. Ayer's median home value is $316,600, which is $27,000 (8%) higher than Pepperell. Rents there are fairly similar. Ayer's median monthly rent is $1,006, which is $20 (1%) higher than Pepperell.