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These days, finding an affordable place to live in the Petersham area can be challenging. Home prices in Petersham are now at a median cost of $395,458, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,652/mo in Petersham, primarily driven by the current value of real estate in the Petersham area. In Petersham, 6.03% of households rent, and 45.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Petersham is $9,258 per month. Households that rent pay about 17.85% of their income on rent here. Petersham’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Athol, MA: less expensive homes
- Phillipston, MA: equally priced homes
- Williamsville, MA: equally priced homes
- Packard Heights, MA: less expensive homes
- Barre, MA: equally priced homes
- South Barre, MA: equally priced homes
- Athol, MA: less expensive homes
- New Salem, MA: equally priced homes
- Phillipston Four Corners, MA: equally priced homes
- Templeton, MA: equally priced homes
Cities with Similar Populations
- Farina, IL: less expensive homes
- Tresckow, PA: less expensive homes
- Tracys Landing, MD: higher priced homes
- Toomsboro, GA: less expensive homes
- Tomahawk, KY: less expensive homes
- Tebbetts, MO: less expensive homes
- Garrison, IA: less expensive homes
- Flag Pond, TN: less expensive homes
- Five Points, TN: less expensive homes
- Five Forks, VA: less expensive homes
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