Much like other places in this area, it is somewhat more expensive compared to the rest of the nation. However compared to the city of Washington, it's a lot less expensive.
Home prices
Winchester's median home value is $244,900. It is roughly $5,120 (2%) lower in comparison to other places in this area.It is approximately $27,400 (12%) higher in comparison to the rest of the country, and compared to the city of Washington it is approximately $356,600 (59%) lower.
Rents
The median monthly rent in Winchester is $1,054. In comparison to nearby areas it is about $39 (3%) lower.In comparison to the entire country it is is very similar, and in comparison to the city of Washington it is about $487 (31%) lower.
Nearby places
Stephens City
Stephens City is about 6 miles south of Winchester. The housing prices there are somewhat less expensive. The median home in Stephens City is valued at $209,000, which is $35,900 (17%) lower than Winchester. Its rents are fairly similar. Stephens City's median monthly rent is $1,070, which works out to $16 (1%) higher than Winchester.
Boyce
Boyce is about 7 miles southeast from Winchester. The housing prices there are somewhat more expensive. Boyce's median home price is $300,000, which comes out to $55,100 (18%) higher than Winchester. Rents there are a little more expensive. The median monthly rent in Boyce is $1,141, which works out to $87 (7%) higher than Winchester.
Berryville
Berryville is approximately 9 miles east from Winchester. Its real estate prices are somewhat more expensive. The median home in Berryville costs $304,900, which works out to $60,000 (19%) higher than Winchester. Its rents are fairly similar. In Berryville the median monthly rent is $1,099, which works out to $45 (4%) higher than Winchester.
Middletown
Middletown is approximately 11 miles southwest of Winchester. Its housing prices are somewhat less expensive. The cost of the median home in Middletown is $200,900, which is $44,000 (21%) lower than Winchester. Its rents are substantially less expensive. In Middletown the median rent is $798 per month, which comes out to $256 (32%) lower than Winchester.
Lake Holiday
Lake Holiday is roughly 11 miles northwest from Winchester. Housing prices there are fairly similar. Lake Holiday's median home value is $235,300, which works out to $9,600 (4%) lower than Winchester. Rents there are a little more expensive. In Lake Holiday the median rent is $1,355 per month, which works out to $301 (22%) higher than Winchester.
