Home prices
The median home in Winchester is valued at $943,800. It is approximately $347,560 (58%) higher compared to nearby areas.Compared to the nation as a whole it is roughly $726,300 (333%) higher, and in comparison to the city of Boston it is roughly $411,100 (77%) higher.
Rents
In Winchester the median monthly rent is $1,900. This is roughly $73 (3%) higher in comparison to nearby areas.In comparison to the rest of the country it is about $838 (78%) higher, and compared to the city of Boston it is roughly $280 (17%) higher.
Nearby places
Arlington
Arlington is Winchester's neighbor to the south. The housing prices there are a lot less expensive. The median home in Arlington costs $642,200, which works out to $301,600 (46%) lower than Winchester. Rents there are somewhat less expensive. Arlington's median rent is $1,730 a month, which works out to $170 (9%) lower than Winchester.
Woburn
Woburn is Winchester's neighbor to the north. Its housing prices are substantially less expensive. The median home price in Woburn is $453,900, which is $489,900 (107%) lower than Winchester. Its rents are somewhat less expensive. The median rent in Woburn is $1,632 a month, which works out to $268 (16%) lower than Winchester.
Medford
Medford is Winchester's neighbor to the southeast. Its housing prices are substantially less expensive. Medford's median home value is $500,800, which is $443,000 (88%) lower than Winchester. Rents there are fairly similar. In Medford the median rent is $1,817 a month, which is $83 (4%) lower than Winchester.
Stoneham
Stoneham is Winchester's neighbor to the northeast. The housing prices there are significantly less expensive. Stoneham's median home price is $494,600, which works out to $449,200 (90%) lower than Winchester. Rents there are a little less expensive. Stoneham's median monthly rent is $1,483, which is $417 (28%) lower than Winchester.
Lexington
Lexington is Winchester's neighbor to the west. Housing prices there are a little less expensive. The median home value in Lexington is $889,700, which is $54,100 (6%) lower than Winchester. Rent there is somewhat more expensive. Lexington's median rent is $2,475 per month, which is $575 (23%) higher than Winchester.