Similar to the surrounding areas, it is substantially less expensive compared to the rest of the country. However compared to the city of Buffalo, it is a bit less expensive.
Home prices
The median home in Kennedy is valued at $75,000. In comparison to nearby areas it is is very similar.It is about $142,500 (65%) lower compared to the nation as a whole, and compared to the city of Buffalo is roughly $14,800 (16%) lower.
Rents
The median monthly rent in Kennedy is $486. Compared to nearby areas this is roughly $158 (24%) lower.In comparison to the United States as a whole it is about $576 (54%) lower, and is approximately $290 (37%) lower compared to the city of Buffalo.
Nearby places
Falconer
Falconer is roughly 5 miles southwest from Kennedy. Housing prices there are a bit less expensive. The median home in Falconer is valued at $69,900, which works out to $5,100 (7%) lower than Kennedy. Rent there is somewhat more expensive. In Falconer the median monthly rent is $623, which is $137 (21%) higher than Kennedy.
Randolph
Randolph is about 5 miles east from Kennedy. The real estate prices there are pretty similar. The median home value in Randolph is $74,700, which is very similar to Kennedy. The rent there is somewhat more expensive. Randolph's median rent is $549 a month, which works out to $63 (11%) higher than Kennedy.
East Randolph
East Randolph is approximately 6 miles east of Kennedy. Housing prices there are a little more expensive. The cost of the median home in East Randolph is $81,600, which works out to $6,600 (8%) higher than Kennedy. Its rents are a little more expensive. In East Randolph the median rent is $563 a month, which is $77 (13%) higher than Kennedy.
Frewsburg
Frewsburg is approximately 7 miles south of Kennedy. Housing prices there are a little more expensive. The median home in Frewsburg is valued at $82,500, which is $7,500 (9%) higher than Kennedy. Rent there is significantly more expensive. The median rent in Frewsburg is $871 per month, which works out to $385 (44%) higher than Kennedy.
Jamestown
Jamestown is approximately 7 miles southwest of Kennedy. The real estate prices there are a bit less expensive. Jamestown's median home cost is $63,200, which is $11,800 (18%) lower than Kennedy. Rents there are a bit more expensive. Jamestown's median monthly rent is $616, which is $130 (21%) higher than Kennedy.
