Table 21 Home price/rent-distance from university correlations based on distribution by number of bedrooms
From: The impact of colleges and hospitals to local real estate markets
Number of bedrooms | Homes with home price data (< 2 miles) | Pearson correlation (home price-distance) | homes with rent data (< 2 miles) | Pearson correlation (rent-distance) |
|---|---|---|---|---|
1 | 13,663 | − 0.219 | 32,473 | − 0.191 |
2 | 31,050 | − 0.319 | 40,371 | − 0.142 |
3 | 44,028 | − 0.225 | 26,369 | − 0.149 |
4 | 24,206 | − 0.212 | 11,566 | − 0.056 |
> 4 | 16,155 | − 0.119 | 4563 | 0.073 |