Home prices
The median home in Marblehead is valued at $675,400. Compared to its nearby areas it is roughly $277,300 (69%) higher.It is approximately $457,900 (210%) higher compared to the United States as a whole, and is roughly $142,700 (26%) higher compared to the city of Boston.
Rents
Marblehead's median rent is $1,578 a month. This is roughly $170 (12%) higher in comparison to its surrounding areas.It is about $516 (48%) higher compared to the US as a whole, and is about $42 (2%) lower in comparison to the city of Boston.
Nearby places
Salem
Salem is Marblehead's neighbor to the northwest. Real estate prices there are a lot less expensive. Salem's median home value is $367,200, which is $308,200 (83%) lower than Marblehead. Rents there are somewhat less expensive. In Salem the median monthly rent is $1,289, which comes out to $289 (22%) lower than Marblehead.
Swampscott
Swampscott is Marblehead's neighbor to the southwest. Housing prices there are substantially less expensive. The median home in Swampscott costs $475,500, which is $199,900 (42%) lower than Marblehead. Its rents are a bit more expensive. Swampscott's median rent is $1,916 a month, which comes out to $338 (17%) higher than Marblehead.
Beverly
Beverly is about 4 miles north from Marblehead. The real estate prices there are a lot less expensive. The cost of the median home in Beverly is $437,300, which works out to $238,100 (54%) lower than Marblehead. Rents there are a little less expensive. Beverly's median monthly rent is $1,282, which is $296 (23%) lower than Marblehead.
Lynn
Lynn is about 4 miles west from Marblehead. Real estate prices there are substantially less expensive. The value of the median home in Lynn is $323,100, which works out to $352,300 (109%) lower than Marblehead. The rent there is substantially less expensive. Lynn's median rent is $1,189 a month, which works out to $389 (32%) lower than Marblehead.
Peabody
Peabody is about 5 miles northwest of Marblehead. Its housing prices are a lot less expensive. Peabody's median home cost is $387,400, which comes out to $288,000 (74%) lower than Marblehead. Its rents are a little less expensive. Peabody's median monthly rent is $1,366, which is $212 (15%) lower than Marblehead.
