Abington, MA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Abington, MA Housing Market Trends

With a population of 16,668, 6,396 total housing units (homes and apartments), and a median house value of $416,805, real estate costs in Abington are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Massachusetts communities.

Single-family detached homes are the single most common housing type in Abington, accounting for 58.91% of the town's housing units. Other types of housing that are prevalent in Abington include large apartment complexes or high rise apartments ( 18.46%), duplexes, homes converted to apartments or other small apartment buildings ( 16.66%), and a few row houses and other attached homes ( 5.96%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Abington. Owner-occupied housing accounts for 72.79% of Abington's homes, and 51.42% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Abington's housing was primarily built during this period, from the '40s through the '60s. A full 30.84% of the town's housing hails from this era. Other housing ages represented in Abington include homes built between 1970-1999 ( 26.18%) and housing constructed before 1939 ( 25.75%). There's also some housing in Abington built between 2000 and later ( 17.24%).

Abington Home Appreciation Rates

Appreciation rates for homes in Abington have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 38.52%, which ranks in the top 40% nationwide. This equates to an annual average Abington house appreciation rate of 3.31%.

Over the last year, Abington appreciation rates have trailed the rest of the nation. In the last twelve months, Abington's appreciation rate has been 5.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Abington were at 2.09%, which equates to an annual appreciation rate of 8.63%.

Relative to Massachusetts, our data show that Abington's latest annual appreciation rate is lower than 80% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$416,805

Abington, MA HOME PRICES

> $1,172,000
0.3%
0.3%
$880,001 - $1,172,000
0.9%
0.9%
$586,001 - $880,000
10.8%
10.8%
$469,001 - $586,000
20.1%
20.1%
$352,001 - $469,000
40.0%
40.0%
$235,001 - $352,000
21.9%
21.9%
$117,001 - $235,000
5.2%
5.2%
$58,001 - $117,000
0.3%
0.3%
$0 - $58,000
0.5%
0.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for MA

Value Relative To Nation

Number Of Homes And Apartments:
6,396

Abington Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
79.47% 2.82%
5
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,099 / per month

Homeownership Rate

Owners
72.8%
72.8%
Renters
27.2%
27.2%
Vacant
5.7%
5.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
17.2%
17.2%
1970 - 1999
26.2%
26.2%
1940 - 1969
30.8%
30.8%
1939 or Older
25.7%
25.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
58.9%
58.9%
Townhomes
6.0%
6.0%
Small Apt. Buildings
16.7%
16.7%
Apt. Complexes
18.5%
18.5%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
11.9%
11.9%
2 Bedrooms
31.0%
31.0%
3 Bedrooms
36.6%
36.6%
4 Bedrooms
14.8%
14.8%
5 or more bedrooms
3.7%
3.7%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Abington

Zip Codes in Abington, MA