Table 19 Distribution of homes by distance from nearest university and home price/rent-distance correlation
From: The impact of colleges and hospitals to local real estate markets
Miles from a university | Homes with home price data | Pearson correlation (home price-distance) | Homes with rent data | Pearson correlation (rent-distance) |
|---|---|---|---|---|
< 2 | 129,102 | − 0.149 | 115,340 | − 0.087 |
< 3 | 228,185 | − 0.122 | 153,668 | − 0.076 |
< 4 | 326,055 | − 0.101 | 183,404 | − 0.055 |
< 5 | 414,769 | − 0.095 | 205,884 | − 0.038 |
> 5 and < 10 | 290,713 | − 0.017 | 61,602 | 0.016 |