Amesbury, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Amesbury, MA Real Estate Data


Amesbury Housing Market Information

With 17,414 people, 6,812 houses or apartments, and a median cost of homes of $354,054, real estate costs in Amesbury 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 Amesbury, accounting for 49.11% of the city's housing units. Other types of housing that are prevalent in Amesbury include large apartment complexes or high rise apartments ( 23.03%), duplexes, homes converted to apartments or other small apartment buildings ( 17.39%), and a few row houses and other attached homes ( 9.68%).

Dwellings in Amesbury tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 52.49% of the homes in Amesbury have two or fewer bedrooms.

The housing in Amesbury was primarily built before 1939 ( 38.19%), making the housing stock in Amesbury some of the oldest overall in America, although there is a range of ages of homes in Amesbury. The next most important housing age is between 1970-1999 ( 37.19%), followed by between 1940-1969 ( 16.75%). There's also some housing in Amesbury built between 2000 and later ( 7.87%).

Amesbury Home Appreciation Rates

Real estate appreciation rates in Amesbury's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.36% during the period.

NeighborhoodScout's data show that during the latest twelve months, Amesbury's appreciation rate, at 5.46%, has been at or slightly above the national average. In the latest quarter, Amesbury's appreciation rate has been 1.57%, which annualizes to a rate of 6.42%.

Relative to Massachusetts, our data show that Amesbury's latest annual appreciation rate is lower than 50% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$354,054

Amesbury, MA HOME PRICES

Value Range
> $1,176,000 0.2
$882,001 - $1,176,000 1.1
$588,001 - $882,000 9.2
$470,001 - $588,000 12.2
$353,001 - $470,000 29.6
$235,001 - $353,000 29.3
$118,001 - $235,000 12.2
$59,001 - $118,000 3.7
$0 - $59,000 2.5

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
12.2972419043157 56.4102564102564

Number Of Homes And Apartments:
6,812

Rent & Ownership

 

Average Market Rent:
$1,395 / per month

Homeownership Rate

Homeownership
Owners 69.41
Renters 30.59
Vacant 7.88

Housing Market Details

 

Age of Homes

AGE OF Amesbury HOMES
2000 or Newer 7.9
1970 - 1999 37.2
1940 - 1969 16.8
1939 or Older 38.2

Types of Homes

TYPE OF Amesbury HOMES
Single-Family 49.1
Townhomes 9.7
Small Apt. Buildings 17.4
Apt. Complexes 23.0
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Amesbury HOMES
No Bedroom 2.01
1 Bedroom 13.18
2 Bedrooms 37.30
3 Bedrooms 33.54
4 Bedrooms 12.31
5 or more bedrooms 1.66

Amesbury Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
44.04% 2.17% 4 5
* 10 is highest