Similar to its surrounding areas, it's a little less expensive compared to the US as a whole. Compared to the city of Springfield, it is close to average.
Home prices
Waterford's median home value is $160,700. It is approximately $6,900 (4%) lower in comparison to its surrounding areas.Compared to the US as a whole it is roughly $56,800 (26%) lower, and in comparison to the city of Springfield is roughly $4,500 (2%) higher.
Rents
Waterford's median rent is $808 per month. Compared to the surrounding areas it is about $154 (15%) lower.It is approximately $254 (23%) lower compared to the US as a whole, and is approximately $69 (7%) lower compared to the city of Springfield.
Nearby places
Troy
Troy is Waterford's neighbor to the south. Its real estate prices are somewhat less expensive. The median home in Troy costs $149,800, which works out to $10,900 (7%) lower than Waterford. The rent there is a little more expensive. Troy's median rent is $945 a month, which is $137 (14%) higher than Waterford.
Cohoes
Cohoes is approximately 1 mile southwest of Waterford. Real estate prices there are similar. Cohoes's median home value is $156,000, which is $4,700 (3%) lower than Waterford. Its rents are somewhat more expensive. Cohoes's median rent is $944 per month, which is $136 (14%) higher than Waterford.
Green Island
Green Island is roughly 2 miles south of Waterford. Its housing prices are a bit less expensive. The median home in Green Island costs $134,800, which works out to $25,900 (19%) lower than Waterford. Rent there is pretty similar. In Green Island the median rent is $824 a month, which is $16 (1%) higher than Waterford.
Watervliet
Watervliet is approximately 4 miles south of Waterford. The housing prices there are a bit less expensive. The value of the median home in Watervliet is $145,200, which is $15,500 (10%) lower than Waterford. Its rents are somewhat more expensive. In Watervliet the median rent is $884 per month, which works out to $76 (8%) higher than Waterford.
Menands
Menands is roughly 6 miles south from Waterford. Housing prices there are a lot more expensive. Menands's median home price is $252,200, which is $91,500 (36%) higher than Waterford. Rents there are significantly more expensive. The median rent in Menands is $1,211 per month, which is $403 (33%) higher than Waterford.