Auburn, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Auburn Neighborhoods Since 2000




Auburn, 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

Auburn Housing Market Information

With 16,516 people, 6,350 houses or apartments, and a median cost of homes of $259,414, Auburn real estate values are some of the lowest in Massachusetts, although compared to real estate around the nation, Auburn homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Auburn, accounting for 76.70% of the town's housing units. Other types of housing that are prevalent in Auburn include large apartment complexes or high rise apartments ( 7.38%), duplexes, homes converted to apartments or other small apartment buildings ( 7.20%), and a few mobile homes or trailers ( 4.55%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Auburn. Owner-occupied housing accounts for 83.04% of Auburn's homes, and 63.02% 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. Auburn's housing was primarily built during this period, from the '40s through the '60s. A full 41.56% of the town's housing hails from this era. Other housing ages represented in Auburn include homes built between 1970-1999 ( 31.77%) and housing constructed before 1939 ( 19.23%). There's also some housing in Auburn built between 2000 and later ( 7.44%).

Auburn Home Appreciation Rates

Auburn's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Auburn during the period has been just -1.01%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Auburn's appreciation rate, at 5.10%, has been at or slightly above the national average. In the latest quarter, Auburn's appreciation rate has been 0.33%, which annualizes to a rate of 1.33%.

Relative to Massachusetts, our data show that Auburn's latest annual appreciation rate is higher than 60% of the other cities and towns in Massachusetts.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Auburn differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Auburn - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Auburn real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$259,414

Auburn, MA HOME PRICES

Value Range
> $1,113,000 0.5
$835,001 - $1,113,000 0.5
$556,001 - $835,000 2.2
$445,001 - $556,000 3.7
$334,001 - $445,000 18.5
$223,001 - $334,000 44.1
$111,001 - $223,000 22.6
$56,001 - $111,000 3.2
$0 - $56,000 4.6

Very Low for MA
High for Nation

Value Relative to Nation Value Relative to State
21.1297316301418 82.3717948717949

Number Of Homes And Apartments:
6,350

Auburn 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
38.73% 1.92% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,280 / per month

Homeownership Rate

Homeownership
Owners 83.04
Renters 16.96
Vacant 5.51

Housing Market Details

 

Age of Homes

AGE OF Auburn HOMES
2000 or Newer 7.4
1970 - 1999 31.8
1940 - 1969 41.6
1939 or Older 19.2

Types of Homes

TYPE OF Auburn HOMES
Single-Family 76.7
Townhomes 4.2
Small Apt. Buildings 7.2
Apt. Complexes 7.4
Mobile Homes 4.6
Other 0.0

Home Size

SIZE OF Auburn HOMES
No Bedroom 1.59
1 Bedroom 7.53
2 Bedrooms 24.85
3 Bedrooms 45.97
4 Bedrooms 17.05
5 or more bedrooms 3.01