Home prices
The median home price in Cavendish is $152,500. It is about $12,900 (7%) lower compared to the surrounding areas.It is about $65,000 (29%) lower compared to the entire nation, and is approximately $3,700 (2%) lower in comparison to the city of Springfield.
Rents
In Cavendish the median monthly rent is $1,336. It is roughly $525 (64%) higher in comparison to its nearby areas.Compared to the rest of the nation it is approximately $274 (25%) higher, and in comparison to the city of Springfield it is approximately $459 (52%) higher.
Nearby places
Proctorsville
Proctorsville is Cavendish's neighbor to the west. Real estate prices there are fairly similar. The median home cost in Proctorsville is $157,000, which is $4,500 (2%) higher than Cavendish. The rent there is significantly less expensive. In Proctorsville the median rent is $758 a month, which is $578 (76%) lower than Cavendish.
Ludlow
Ludlow is about 3 miles west from Cavendish. The housing prices there are a little more expensive. The price of the median home in Ludlow is $191,800, which works out to $39,300 (20%) higher than Cavendish. Its rents are substantially less expensive. The median rent in Ludlow is $840 a month, which is $496 (59%) lower than Cavendish.
North Springfield
North Springfield is approximately 4 miles southeast from Cavendish. Its housing prices are a little less expensive. The median home price in North Springfield is $133,800, which is $18,700 (13%) lower than Cavendish. Rent there is significantly less expensive. The median monthly rent in North Springfield is $960, which works out to $376 (39%) lower than Cavendish.
Chester
Chester is roughly 7 miles south of Cavendish. Its housing prices are a little more expensive. The price of the median home in Chester is $210,500, which is $58,000 (27%) higher than Cavendish. Rents there are substantially less expensive. The median monthly rent in Chester is $649, which is $687 (105%) lower than Cavendish.
Springfield
Springfield is roughly 8 miles southeast from Cavendish. Its housing prices are a bit less expensive. The value of the median home in Springfield is $133,900, which is $18,600 (13%) lower than Cavendish. Rent there is a lot less expensive. The median rent in Springfield is $846 per month, which works out to $490 (57%) lower than Cavendish.
