Levinson (2010) summarizes the effects of local transit systems on land use in a variety of US cases.
Most of these cases find that commercial and residential values have been boost by rail transit access
Residential properties tend to also have value premiums the closer they are to transit stations, so long
as the trains or immediate station area activities are not overly disruptive to the residences (nuisance
effects), though Chen et. al. (1998) found that positive benefits outweigh nuisance effects in the case of
Portland Streetcar.