Home prices
The median home in Misquamicut is valued at $591,500. In comparison to the surrounding areas it is approximately $133,200 (18%) lower.Compared to the country as a whole it is about $374,000 (171%) higher, and it is roughly $58,800 (11%) higher compared to the city of Boston.
Rents
In Misquamicut the median rent is $860 per month. In comparison to nearby areas this is approximately $278 (24%) lower.It is about $202 (19%) lower in comparison to the country as a whole, and in comparison to the city of Boston is about $760 (46%) lower.
Nearby places
Watch Hill
Watch Hill is Misquamicut's neighbor to the southwest. Its real estate prices are substantially more expensive. The price of the median home in Watch Hill is $2,000,001, which comes out to $1,408,501 (70%) higher than Misquamicut. The rent there is significantly less expensive. In Watch Hill the median rent is $592 a month, which works out to $268 (45%) lower than Misquamicut.
Westerly
Westerly is Misquamicut's neighbor to the north. The housing prices there are significantly less expensive. Westerly's median home price is $294,600, which comes out to $296,900 (100%) lower than Misquamicut. The rent there is somewhat more expensive. The median monthly rent in Westerly is $999, which works out to $139 (13%) higher than Misquamicut.
Weekapaug
Weekapaug is roughly 2 miles east from Misquamicut. The real estate prices there are a little less expensive. The median home cost in Weekapaug is $494,400, which works out to $97,100 (19%) lower than Misquamicut. Rent there is significantly more expensive. The median monthly rent in Weekapaug is $1,729, which works out to $869 (50%) higher than Misquamicut.
Stonington
Stonington is approximately 3 miles west from Misquamicut. Housing prices there are pretty similar. The median home in Stonington is valued at $590,900, which is very similar to Misquamicut. Rent there is a lot more expensive. Stonington's median monthly rent is $1,418, which is $558 (39%) higher than Misquamicut.
Pawcatuck
Pawcatuck is about 3 miles north of Misquamicut. Its real estate prices are a lot less expensive. The median home cost in Pawcatuck is $243,600, which comes out to $347,900 (142%) lower than Misquamicut. Its rents are a little more expensive. The median rent in Pawcatuck is $950 per month, which works out to $90 (9%) higher than Misquamicut.