Much like other places in this area, it is a bit less expensive compared to the entire nation. Compared to the city of Worcester, it's a bit less expensive.
Home prices
The median home price in Southwood Acres is $189,900. Compared to other places in this area it is roughly $6,260 (3%) lower.It is about $27,600 (12%) lower compared to the rest of the country, and compared to the city of Worcester it is about $37,200 (16%) lower.
Rents
Southwood Acres's median monthly rent is $1,538. It is approximately $324 (26%) higher in comparison to nearby areas.It is roughly $476 (44%) higher in comparison to the rest of the nation, and it is roughly $443 (40%) higher in comparison to the city of Worcester.
Nearby places
Thompsonville
Thompsonville is Southwood Acres's neighbor to the northwest. Its housing prices are a bit less expensive. The median home value in Thompsonville is $178,900, which comes out to $11,000 (6%) lower than Southwood Acres. The rent there is substantially less expensive. Thompsonville's median monthly rent is $1,114, which comes out to $424 (38%) lower than Southwood Acres.
Hazardville
Hazardville is Southwood Acres's neighbor to the northeast. Its housing prices are pretty similar. The value of the median home in Hazardville is $183,800, which works out to $6,100 (3%) lower than Southwood Acres. Rents there are somewhat less expensive. In Hazardville the median rent is $1,172 per month, which is $366 (31%) lower than Southwood Acres.
Sherwood Manor
Sherwood Manor is approximately 3 miles north of Southwood Acres. Housing prices there are similar. The value of the median home in Sherwood Manor is $194,800, which works out to $4,900 (2%) higher than Southwood Acres. Rent there is a bit less expensive. Sherwood Manor's median rent is $1,367 a month, which works out to $171 (12%) lower than Southwood Acres.
Broad Brook
Broad Brook is approximately 3 miles south from Southwood Acres. Real estate prices there are a bit more expensive. The median home in Broad Brook costs $235,100, which is $45,200 (19%) higher than Southwood Acres. Rent there is somewhat less expensive. Broad Brook's median monthly rent is $1,226, which comes out to $312 (25%) lower than Southwood Acres.
Windsor Locks
Windsor Locks is about 4 miles southwest from Southwood Acres. Its real estate prices are pretty similar. The median home in Windsor Locks costs $188,200, which is very similar to Southwood Acres. Rent there is somewhat less expensive. In Windsor Locks the median rent is $1,189 per month, which is $349 (29%) lower than Southwood Acres.
