Similar to nearby areas, it is a little more expensive compared to the US as a whole. Compared to the city of Boston however, it's a lot less expensive.
Home prices
Belchertown's median home cost is $260,300. In comparison to other places in this area this is approximately $7,400 (2%) higher.It is about $42,800 (19%) higher in comparison to the nation as a whole, and compared to the city of Boston it is roughly $272,400 (51%) lower.
Rents
The median monthly rent in Belchertown is $729. Compared to the surrounding areas it is approximately $360 (33%) lower.It is approximately $333 (31%) lower in comparison to the nation as a whole, and in comparison to the city of Boston it is roughly $891 (55%) lower.
Nearby places
Granby
Granby is roughly 5 miles west of Belchertown. Its housing prices are a bit less expensive. The cost of the median home in Granby is $240,900, which is $19,400 (8%) lower than Belchertown. Rents there are similar. In Granby the median rent is $732 a month, which is very similar to Belchertown.
South Amherst
South Amherst is approximately 6 miles northwest from Belchertown. Its housing prices are a little more expensive. The price of the median home in South Amherst is $296,600, which comes out to $36,300 (12%) higher than Belchertown. The rent there is substantially more expensive. South Amherst's median monthly rent is $1,513, which works out to $784 (51%) higher than Belchertown.
Palmer Town
Palmer Town is roughly 6 miles southeast from Belchertown. The housing prices there are substantially less expensive. The median home value in Palmer Town is $197,000, which comes out to $63,300 (32%) lower than Belchertown. Its rents are somewhat more expensive. In Palmer Town the median monthly rent is $962, which comes out to $233 (24%) higher than Belchertown.
Ware
Ware is approximately 7 miles east from Belchertown. Its real estate prices are substantially less expensive. The cost of the median home in Ware is $179,400, which is $80,900 (45%) lower than Belchertown. Rent there is a little more expensive. The median rent in Ware is $943 per month, which comes out to $214 (22%) higher than Belchertown.
Amherst Center
Amherst Center is roughly 8 miles northwest of Belchertown. The housing prices there are a little more expensive. The median home in Amherst Center is valued at $350,600, which is $90,300 (25%) higher than Belchertown. The rent there is substantially more expensive. In Amherst Center the median rent is $1,297 per month, which is $568 (43%) higher than Belchertown.
