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
With a population of 44,460, 19,009 total housing units (homes and apartments), and a median house value of $445,725, real estate costs in Barnstable 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 Barnstable, accounting for 81.18% of the city's housing units. Other types of housing that are prevalent in Barnstable include large apartment complexes or high rise apartments ( 8.44%), duplexes, homes converted to apartments or other small apartment buildings ( 7.16%), and a few row houses and other attached homes ( 3.01%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Barnstable. Owner-occupied housing accounts for 73.90% of Barnstable's homes, and 61.36% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Barnstable 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 Barnstable built between 1940-1969 ( 26.34%). A lesser amount of the housing stock also hails from before 1939 ( 12.82%). There's also some housing in Barnstable built between 2000 and later ( 6.03%).
Vacant housing appears to be an issue in Barnstable. Fully 28.32% of the housing stock is classified as vacant. Left unchecked, vacant Barnstable homes and apartments can be a drag on the real estate market, holding Barnstable real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Barnstable have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 29.62%, which ranks in the top 50% nationwide. This equates to an annual average Barnstable house appreciation rate of 2.63%.
NeighborhoodScout's data show that during the latest twelve months, Barnstable's appreciation rate, at 5.19%, has been at or slightly above the national average. In the latest quarter, Barnstable's appreciation rate has been 2.01%, which annualizes to a rate of 8.29%.
Importantly, this makes Barnstable one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Massachusetts, our data show that Barnstable'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 city. Individual neighborhoods within Barnstable differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Barnstable - 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 Barnstable real estate investment or home purchase decisions.
|$885,001 - $1,180,000||4.8|
|$590,001 - $885,000||13.0|
|$472,001 - $590,000||16.5|
|$354,001 - $472,000||25.4|
|$236,001 - $354,000||24.5|
|$118,001 - $236,000||8.3|
|$59,001 - $118,000||0.4|
|$0 - $59,000||2.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
2000 Q1 - 2020 Q1
|* 10 is highest|
|AGE OF Barnstable HOMES|
|2000 or Newer||6.0|
|1970 - 1999||54.8|
|1940 - 1969||26.3|
|1939 or Older||12.8|
|TYPE OF Barnstable HOMES|
|Small Apt. Buildings||7.2|
|SIZE OF Barnstable HOMES|
|5 or more bedrooms||4.99|