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The age old question: “Would you buy a house next to a cemetery?”
We decided to dig up (groan) some data on this very scenario, and I think you’d be surprised at the results.
It appears that a home near a graveyard could actually be a good investment, as they seem to sell for about 13% more per square foot than others further away. Plus, the neighbors are very quiet (double groan).
Other pluses to living next to a cemetery, there’s usually no chance for development on the site, and the property is usually well maintained and can be rather picturesque.
Now, on the reverse side, homes near cemeteries do tend to take a little longer to sell on average. Those located less than 50feet away took 48 days to sell, versus those that were more than 500 yeards away that took only 39 days to sell. This could simply be due to the stigma attached to owning a home near a cemetery and the “ghost factor” attached to that, leading to fewer people requesting to tour the house. Naturally, when fewer people are looking at it, it usually stays on the market longer.
Here are 5 of the cities with the most homes for sale near cemeteries (in no particular order):