Table 22 Home price/rent-distance from hospital 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 (< 3 miles) | Pearson correlation (home price-distance) | Homes with rent data (> 2 miles) | Pearson correlation (rent-distance) |
|---|---|---|---|---|
1 | 20,524 | − 0.223 | 24,102 | − 0.008 |
2 | 61,831 | − 0.140 | 55,195 | 0.015 |
3 | 114,657 | − 0.100 | 63,904 | 0.055 |
4 | 68,914 | − 0.095 | 26,151 | 0.114 |
> 4 | 37,837 | − 0.048 | 2935 | 0.186 |