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Homes Located Near Cemeteries Fetch Higher Prices

Posted: Oct. 23rd, 2013  |  By DailyLuxe News

Photo: PhillyMag.com

Perhaps it is in knowing that it cemeteries are generally quieter than most places that makes housing that is located near cemeteries are more expensive than similar dwellings located elsewhere.

The Huffington Post reports that on average residences with close proximity to graveyards are more expensive than similar dwellings located elsewhere. The price per square for those homes is about 12% higher. However, while the price is higher, it also takes a longer period of time to sell those properties. Redfin, a real estate website, analyzed data from 90 U.S. Census Metro and Micro Areas from the time period between January 2012 through September 2013.

Baltimore, Maryland, has the most properties for sale near cemeteries. Philadelphia, Pennsylvania, Chicago, Illinois, Boston, Massachusetts, and Atlanta, Georgia, were second through fifth, respectively. 

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