Home prices
Westerly's median home price is $294,600. This is approximately $416,780 (58%) lower compared to its surrounding areas.It is roughly $77,100 (35%) higher in comparison to the United States as a whole, and is roughly $238,100 (44%) lower in comparison to the city of Boston.
Rents
Westerly's median monthly rent is $999. In comparison to its surrounding areas it is about $31 (2%) lower.It is about $63 (5%) lower compared to the US as a whole, and is about $621 (38%) lower in comparison to the city of Boston.
Nearby places
Pawcatuck
Pawcatuck is Westerly's neighbor to the west. The real estate prices there are a bit less expensive. The median home price in Pawcatuck is $243,600, which works out to $51,000 (20%) lower than Westerly. Rent there is a bit less expensive. Pawcatuck's median monthly rent is $950, which comes out to $49 (5%) lower than Westerly.
Bradford
Bradford is Westerly's neighbor to the northeast. Real estate prices there are a bit less expensive. The median home in Bradford is valued at $227,400, which comes out to $67,200 (29%) lower than Westerly. The rent there is pretty similar. In Bradford the median rent is $1,017 a month, which works out to $18 (1%) higher than Westerly.
Weekapaug
Weekapaug is Westerly's neighbor to the southeast. Real estate prices there are substantially more expensive. Weekapaug's median home value is $494,400, which works out to $199,800 (40%) higher than Westerly. Rent there is a lot more expensive. The median rent in Weekapaug is $1,729 a month, which works out to $730 (42%) higher than Westerly.
Misquamicut
Misquamicut is Westerly's neighbor to the south. Real estate prices there are a lot more expensive. The value of the median home in Misquamicut is $591,500, which works out to $296,900 (50%) higher than Westerly. Its rents are somewhat less expensive. The median monthly rent in Misquamicut is $860, which works out to $139 (16%) lower than Westerly.
Watch Hill
Watch Hill is about 4 miles southwest of Westerly. The housing prices there are significantly more expensive. The median home in Watch Hill costs $2,000,001, which works out to $1,705,401 (85%) higher than Westerly. Rents there are significantly less expensive. In Watch Hill the median rent is $592 a month, which is $407 (68%) lower than Westerly.