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Table 23 Home price/rent-distance correlations based on university type distribution

From: The impact of colleges and hospitals to local real estate markets

University type

University count

Homes with home price data (< 2 miles, 2 bedrooms)

Pearson correlation (home price-distance)

Homes with rent data (< 2 miles, 1 bedroom)

Pearson correlation (rent-distance)

Private

1068

16,680

− 0.368

16,992

− 0.311

Public

548

7812

− 0.220

6463

− 0.203