Similar to nearby areas, it is somewhat more expensive compared to the rest of the nation. Compared to the city of Burlington however, it's somewhat less expensive.
Home prices
Waterbury's median home price is $257,000. This is about $10,360 (3%) lower compared to the surrounding areas.In comparison to the rest of the nation it is approximately $39,500 (18%) higher, and compared to the city of Burlington it is about $27,500 (9%) lower.
Rents
The median monthly rent in Waterbury is $986. Compared to its nearby areas this is approximately $43 (4%) higher.In comparison to the nation as a whole it is roughly $76 (7%) lower, and is approximately $227 (18%) lower in comparison to the city of Burlington.
Nearby places
Stowe
Stowe is approximately 8 miles north of Waterbury. Its housing prices are a little more expensive. The median home value in Stowe is $325,000, which is $68,000 (20%) higher than Waterbury. Rent there is a bit less expensive. The median monthly rent in Stowe is $778, which works out to $208 (26%) lower than Waterbury.
Montpelier
Montpelier is roughly 8 miles southeast of Waterbury. The real estate prices there are pretty similar. The median home in Montpelier costs $252,600, which is $4,400 (1%) lower than Waterbury. Rent there is similar. In Montpelier the median monthly rent is $1,021, which is $35 (3%) higher than Waterbury.
Waitsfield
Waitsfield is roughly 10 miles south of Waterbury. The real estate prices there are a little more expensive. The cost of the median home in Waitsfield is $350,000, which is $93,000 (26%) higher than Waterbury. The rent there is a bit more expensive. Waitsfield's median monthly rent is $1,089, which works out to $103 (9%) higher than Waterbury.
Richmond
Richmond is approximately 11 miles northwest of Waterbury. Its housing prices are similar. The median home in Richmond is valued at $258,300, which is very similar to Waterbury. Its rents are fairly similar. The median monthly rent in Richmond is $967, which works out to $19 (1%) lower than Waterbury.
Northfield
Northfield is roughly 12 miles south from Waterbury. Housing prices there are substantially less expensive. Northfield's median home value is $150,900, which is $106,100 (70%) lower than Waterbury. The rent there is a little less expensive. Northfield's median monthly rent is $860, which works out to $126 (14%) lower than Waterbury.
