Much like nearby areas, it's significantly more expensive compared to the nation as a whole. However compared to the city of Boston, it's a little less expensive.
Home prices
The price of the median home in Winthrop Town is $439,800. It is roughly $8,260 (1%) higher in comparison to nearby areas.In comparison to the US as a whole it is roughly $222,300 (102%) higher, and is about $92,900 (17%) lower compared to the city of Boston.
Rents
Winthrop Town's median rent is $1,415 per month. It is about $53 (3%) lower compared to other places in this area.Compared to the nation as a whole it is about $353 (33%) higher, and compared to the city of Boston it is about $205 (12%) lower.
Nearby places
Revere
Revere is Winthrop Town's neighbor to the north. The real estate prices there are a bit less expensive. The median home in Revere is valued at $373,800, which comes out to $66,000 (17%) lower than Winthrop Town. Rents there are similar. In Revere the median monthly rent is $1,419, which is very similar to Winthrop Town.
Chelsea
Chelsea is roughly 2 miles northwest from Winthrop Town. The real estate prices there are somewhat less expensive. The median home value in Chelsea is $350,800, which works out to $89,000 (25%) lower than Winthrop Town. Rents there are pretty similar. Chelsea's median monthly rent is $1,419, which is very similar to Winthrop Town.
Everett
Everett is approximately 3 miles northwest from Winthrop Town. Real estate prices there are somewhat less expensive. The median home in Everett costs $405,800, which is $34,000 (8%) lower than Winthrop Town. Rent there is fairly similar. Everett's median rent is $1,454 per month, which comes out to $39 (2%) higher than Winthrop Town.
Nahant
Nahant is about 4 miles northeast from Winthrop Town. Real estate prices there are a little more expensive. The median home in Nahant costs $625,400, which comes out to $185,600 (29%) higher than Winthrop Town. Rents there are fairly similar. Nahant's median rent is $1,473 a month, which comes out to $58 (3%) higher than Winthrop Town.
Malden
Malden is approximately 4 miles northwest of Winthrop Town. The housing prices there are a little less expensive. The value of the median home in Malden is $401,900, which is $37,900 (9%) lower than Winthrop Town. Rents there are a little more expensive. The median rent in Malden is $1,577 a month, which works out to $162 (10%) higher than Winthrop Town.
