Real Estate News How much does a nearby airport hurt a home's value? January 20, 2017 Michael Burke 0 Comment SWFL City Guide A realtor.com study qualified the impact a high-noise neighbor has on nearby home values. An airport, for example, dings values 13.2%; a busy highway within 1/10 of a mile hurts 11.3%; and a nearby emergency room hurts 7.6%. Source: Florida Realtors