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Real Estate

Dead Serious About Real Estate? Buy Near a Cemetery

In a Halloween-inspired query, Redfin checked to see how homes near cemeteries sell.

—By Emily Stone 

Ever wonder if homebuyers are spooked by a cemetery next door? The folks at Redfin did. So they took a look at the data.

It turns out having your neighbors six feet under can be a boon for your sale price.

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Redfin discovered that homes within 50 feet of a graveyard took, on average, nine days longer to sell, but then sold for a higher price than homes further away. On average, the homes closest to a cemetery sold for $162 a square foot, while homes more than 500 yards from the tombs sold for $145 per square foot.

This is particularly good news for sellers in Chicago, which Redfin says had the third largest number of homes for sale near a cemetery in the country, with 115 listed as of Oct. 15.

Find out what's happening in Oak Forestfor free with the latest updates from Patch.

You can see more of the Redfin data here, as well as many graveyard-inspired puns in the write-up of their findings.

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