Ashland, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Ashland Neighborhoods Since 2000




Ashland, MA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ashland Housing Market Information

With a population of 17,573, 6,596 total housing units (homes and apartments), and a median house value of $371,819, real estate costs in Ashland 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 Ashland, accounting for 58.94% of the town's housing units. Other types of housing that are prevalent in Ashland include row houses and other attached homes ( 17.01%), duplexes, homes converted to apartments or other small apartment buildings ( 15.01%), and a few large apartment complexes or high rise apartments ( 9.05%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ashland. Owner-occupied housing accounts for 79.42% of Ashland's homes, and 54.15% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Ashland built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Ashland built between 1940-1969 ( 25.13%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.64%). There's also some housing in Ashland built before 1939 ( 9.65%).

Ashland Home Appreciation Rates

Appreciation rates for homes in Ashland have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.88%, which ranks in the top 50% nationwide. This equates to an annual average Ashland house appreciation rate of 0.38%.

NeighborhoodScout's data show that during the latest twelve months, Ashland's appreciation rate, at 3.19%, has been at or slightly above the national average. In the latest quarter, Ashland's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

Relative to Massachusetts, our data show that Ashland's latest annual appreciation rate is lower than 70% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$371,819

Ashland, MA HOME PRICES

Value Range
> $1,141,000 1.4
$856,001 - $1,141,000 0.6
$570,001 - $856,000 23.0
$457,001 - $570,000 13.6
$342,001 - $457,000 31.6
$228,001 - $342,000 25.4
$114,001 - $228,000 2.9
$57,001 - $114,000 0.0
$0 - $57,000 1.5

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
10.799249970702 49.6794871794872

Number Of Homes And Apartments:
6,596

Ashland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
50.07% 2.38% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,804 / per month

Homeownership Rate

Homeownership
Owners 79.42
Renters 20.58
Vacant 2.19

Housing Market Details

 

Age of Homes

AGE OF Ashland HOMES
2000 or Newer 14.6
1970 - 1999 50.6
1940 - 1969 25.1
1939 or Older 9.7

Types of Homes

TYPE OF Ashland HOMES
Single-Family 58.9
Townhomes 17.0
Small Apt. Buildings 15.0
Apt. Complexes 9.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Ashland HOMES
No Bedroom 0.25
1 Bedroom 9.05
2 Bedrooms 32.84
3 Bedrooms 29.11
4 Bedrooms 25.04
5 or more bedrooms 3.71