Home prices
The median home value in Cape Neddick is $421,600. It is about $85,440 (25%) higher compared to its surrounding areas.In comparison to the entire country it is approximately $204,100 (93%) higher, and in comparison to the city of Boston it is roughly $111,100 (20%) lower.
Rents
Cape Neddick's median monthly rent is $1,268. Compared to its surrounding areas this is approximately $237 (22%) higher.It is roughly $206 (19%) higher compared to the rest of the country, and in comparison to the city of Boston it is roughly $352 (21%) lower.
Nearby places
York Harbor
York Harbor is Cape Neddick's neighbor to the southwest. Real estate prices there are somewhat less expensive. The median home in York Harbor is valued at $391,300, which comes out to $30,300 (7%) lower than Cape Neddick. Its rents are significantly less expensive. The median rent in York Harbor is $906 a month, which is $362 (39%) lower than Cape Neddick.
Kittery
Kittery is about 7 miles southwest of Cape Neddick. The housing prices there are a lot less expensive. The median home price in Kittery is $297,300, which is $124,300 (41%) lower than Cape Neddick. Rent there is fairly similar. In Kittery the median monthly rent is $1,247, which comes out to $21 (1%) lower than Cape Neddick.
South Eliot
South Eliot is roughly 7 miles west from Cape Neddick. Its housing prices are a bit less expensive. The median home price in South Eliot is $328,600, which is $93,000 (28%) lower than Cape Neddick. The rent there is substantially less expensive. The median monthly rent in South Eliot is $934, which works out to $334 (35%) lower than Cape Neddick.
North Berwick
North Berwick is about 9 miles northwest of Cape Neddick. The housing prices there are substantially less expensive. The median home value in North Berwick is $238,000, which comes out to $183,600 (77%) lower than Cape Neddick. Rent there is a lot less expensive. North Berwick's median monthly rent is $763, which works out to $505 (66%) lower than Cape Neddick.
Portsmouth
Portsmouth is about 10 miles southwest of Cape Neddick. The real estate prices there are pretty similar. The median home in Portsmouth is valued at $425,600, which is very similar to Cape Neddick. The rent there is similar. Portsmouth's median monthly rent is $1,305, which works out to $37 (2%) higher than Cape Neddick.