Buyer October 20, 2020
While studies have shown that cemeteries in general have no obvious effect on home prices, here are some of the pros and cons to help you think things through.

Graveyards are typically well-maintained and beautifully landscaped, with park-like spaces where people can enjoy walking and do other forms of exercise. Also, cemeteries are almost always left alone, which is why homeowners living near them won't have to worry about residential or commercial developments that might affect their neighborhood.

It's true when they say, “cemeteries make quiet neighbors”. While there’ll be noise from occasional funeral processions, earth movers, and visitors, cemeteries are usually quiet for much of the year. Especially if you’re fed up with the normal hustle and bustle or rowdy neighbors and their noisy activities, this is where you can find the peace and tranquility you’re looking for.
It’s also perfect for people who love the history and connection of a cemetery to the community.

This is great news if you're looking for more affordable homes and don’t mind living a stone’s throw away from a graveyard. According to a 2016 study by realtor.com® , the median home price in neighborhoods with a cemetery are about 12% lower than similar properties in other areas without graveyards. And since a cemetery is not seen by many as a good selling point, sellers might be glad to negotiate on the price.
And if a discounted price is not yet a huge advantage, properties near cemeteries are usually larger and have more space.

While this one is more psychological, the spooky atmosphere of a cemetery can give many people the creeps. For some, it might even be a taboo to consider a property next to a row of tombstones. Others might not want a constant reminder of their mortality and don't want to be reminded of the sorrow and grief that comes from losing a loved one.

One concern is the risk of toxic chemicals from coffins, formaldehyde from the embalming liquid, and even mercury from medical products, which can pass through the soil and into groundwater. However, there's now a growing number of “green” cemeteries where green or natural burials are being done as a viable alternative.

Since a cemetery is generally not seen as a selling point, properties near cemeteries tend to sit longer on the market. There's also a limited pool of potential buyers because of the stigma surrounding cemeteries.
But despite the longer days on the market, studies have shown that homes for sale near cemeteries are not severely impacted by the proximity of the deceased, and may actually sell for more.


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