Home prices
The median home cost in Framingham is $409,400. In comparison to its surrounding areas this is about $189,360 (31%) lower.In comparison to the entire nation it is approximately $191,900 (88%) higher, and in comparison to the city of Boston is roughly $123,300 (23%) lower.
Rents
Framingham's median rent is $1,434 per month. Compared to the surrounding areas this is approximately $27 (1%) higher.In comparison to the entire nation it is approximately $372 (35%) higher, and is roughly $186 (11%) lower compared to the city of Boston.
Nearby places
Cochituate
Cochituate is Framingham's neighbor to the east. Its housing prices are a lot more expensive. Cochituate's median home price is $648,600, which comes out to $239,200 (36%) higher than Framingham. Its rents are a lot less expensive. Cochituate's median monthly rent is $784, which works out to $650 (82%) lower than Framingham.
Marlborough
Marlborough is Framingham's neighbor to the northwest. Housing prices there are somewhat less expensive. The median home in Marlborough is valued at $348,500, which works out to $60,900 (17%) lower than Framingham. Rent there is pretty similar. In Marlborough the median rent is $1,482 per month, which comes out to $48 (3%) higher than Framingham.
Wellesley
Wellesley is roughly 6 miles east from Framingham. Housing prices there are a lot more expensive. The median home in Wellesley is valued at $1,149,100, which works out to $739,700 (64%) higher than Framingham. Rent there is a bit more expensive. The median rent in Wellesley is $1,938 a month, which is $504 (26%) higher than Framingham.
Hopkinton
Hopkinton is roughly 6 miles southwest from Framingham. The housing prices there are a bit more expensive. The value of the median home in Hopkinton is $497,400, which comes out to $88,000 (17%) higher than Framingham. Its rents are somewhat more expensive. In Hopkinton the median rent is $1,653 a month, which works out to $219 (13%) higher than Framingham.
Maynard
Maynard is roughly 7 miles north of Framingham. Its real estate prices are a little less expensive. The median home value in Maynard is $350,200, which is $59,200 (16%) lower than Framingham. Its rents are a little less expensive. The median monthly rent in Maynard is $1,176, which works out to $258 (21%) lower than Framingham.
