Similar to the surrounding areas, it is a bit more expensive compared to the country as a whole. Compared to the city of Boston however, it is significantly less expensive.
Home prices
North Berwick's median home price is $238,000. It is about $9,140 (3%) lower compared to other places in this area.It is about $20,500 (9%) higher compared to the United States as a whole, and is roughly $294,700 (55%) lower compared to the city of Boston.
Rents
In North Berwick the median monthly rent is $763. Compared to the surrounding areas this is roughly $260 (25%) lower.It is about $299 (28%) lower in comparison to the entire country, and it is roughly $857 (52%) lower compared to the city of Boston.
Nearby places
Berwick
Berwick is about 5 miles west of North Berwick. Real estate prices there are somewhat less expensive. Berwick's median home value is $205,100, which comes out to $32,900 (16%) lower than North Berwick. Rent there is somewhat more expensive. Berwick's median monthly rent is $980, which works out to $217 (22%) higher than North Berwick.
Somersworth
Somersworth is about 7 miles southwest of North Berwick. Real estate prices there are a little less expensive. The cost of the median home in Somersworth is $184,700, which is $53,300 (28%) lower than North Berwick. Rents there are a little more expensive. The median rent in Somersworth is $1,071 a month, which is $308 (28%) higher than North Berwick.
Sanford
Sanford is about 7 miles north of North Berwick. Real estate prices there are a bit less expensive. The median home value in Sanford is $183,800, which is $54,200 (29%) lower than North Berwick. The rent there is somewhat more expensive. Sanford's median rent is $901 a month, which works out to $138 (15%) higher than North Berwick.
Kennebunk
Kennebunk is approximately 9 miles northeast of North Berwick. Real estate prices there are a bit more expensive. Kennebunk's median home value is $301,700, which comes out to $63,700 (21%) higher than North Berwick. Its rents are a little more expensive. Kennebunk's median rent is $935 per month, which comes out to $172 (18%) higher than North Berwick.
West Kennebunk
West Kennebunk is approximately 9 miles northeast from North Berwick. Real estate prices there are a lot more expensive. The median home cost in West Kennebunk is $360,400, which comes out to $122,400 (33%) higher than North Berwick. Its rents are a lot more expensive. In West Kennebunk the median monthly rent is $1,230, which comes out to $467 (37%) higher than North Berwick.