Much like the surrounding areas, it's similar compared to the rest of the nation. Compared to the city of Worcester, it's close to average.
Home prices
The value of the median home in Shelburne Falls is $219,000. It is approximately $8,860 (3%) lower compared to its surrounding areas.It is is very similar compared to the nation as a whole, and in comparison to the city of Worcester it is approximately $8,100 (3%) lower.
Rents
Shelburne Falls's median rent is $869 a month. This is approximately $340 (28%) lower in comparison to the surrounding areas.It is approximately $193 (18%) lower in comparison to the entire country, and in comparison to the city of Worcester is roughly $226 (20%) lower.
Nearby places
Greenfield Town
Greenfield Town is about 6 miles east of Shelburne Falls. The real estate prices there are a little less expensive. The median home in Greenfield Town is valued at $194,200, which works out to $24,800 (12%) lower than Shelburne Falls. Its rents are somewhat more expensive. The median rent in Greenfield Town is $926 a month, which is $57 (6%) higher than Shelburne Falls.
Deerfield
Deerfield is approximately 7 miles southeast from Shelburne Falls. Its housing prices are a little more expensive. The median home in Deerfield costs $231,000, which comes out to $12,000 (5%) higher than Shelburne Falls. Its rents are substantially more expensive. Deerfield's median rent is $2,453 per month, which is $1,584 (64%) higher than Shelburne Falls.
Turners Falls
Turners Falls is about 8 miles east from Shelburne Falls. The housing prices there are somewhat less expensive. The median home price in Turners Falls is $205,600, which is $13,400 (6%) lower than Shelburne Falls. The rent there is similar. In Turners Falls the median monthly rent is $879, which works out to $10 (1%) higher than Shelburne Falls.
South Deerfield
South Deerfield is approximately 10 miles southeast of Shelburne Falls. The real estate prices there are a lot more expensive. The cost of the median home in South Deerfield is $327,700, which works out to $108,700 (33%) higher than Shelburne Falls. The rent there is a bit more expensive. South Deerfield's median monthly rent is $996, which is $127 (12%) higher than Shelburne Falls.
Millers Falls
Millers Falls is roughly 11 miles east from Shelburne Falls. The real estate prices there are somewhat less expensive. The median home in Millers Falls costs $180,800, which works out to $38,200 (21%) lower than Shelburne Falls. Rents there are a bit less expensive. The median rent in Millers Falls is $790 per month, which is $79 (10%) lower than Shelburne Falls.