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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 11,897, 4,706 total housing units (homes and apartments), and a median house value of $297,686, Athol real estate values are some of the lowest in Massachusetts, although compared to real estate around the nation, Athol homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Athol, accounting for 68.01% of the town's housing units. Other types of housing that are prevalent in Athol include duplexes, homes converted to apartments or other small apartment buildings ( 21.66%), large apartment complexes or high rise apartments ( 6.92%), and a few mobile homes or trailers ( 1.77%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Athol. Owner-occupied housing accounts for 70.95% of Athol's homes, and 58.67% have either three or four bedrooms, which is average sized relative to America.
The housing in Athol was primarily built before 1939 ( 39.56%), making the housing stock in Athol some of the oldest overall in America, although there is a range of ages of homes in Athol. The next most important housing age is between 1940-1969 ( 25.26%), followed by between 1970-1999 ( 24.78%). There's also some housing in Athol built between 2000 and later ( 10.40%).
In the last 10 years, Athol has experienced some of the highest home appreciation rates of any community in the nation. Athol real estate appreciated 125.88% over the last ten years, which is an average annual home appreciation rate of 8.49%, putting Athol in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Athol definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Athol that despite a nationwide downturn in the housing market, Athol real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Athol appreciation rates continue to be some of the highest in America, at 7.82%, which is higher than appreciation rates in 84.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Athol. Athol appreciation rates in the latest quarter were at 0.60%, which equates to an annual appreciation rate of 2.41%.
Relative to Massachusetts, our data show that Athol's latest annual appreciation rate is higher than 90% of the other cities and towns in Massachusetts.
$297,686
for Massachusetts
for nation
4,706
$1,818 / per month