Blackstone, MA Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Blackstone, MA Housing Market Trends

With 9,288 people, 3,526 houses or apartments, and a median cost of homes of $344,571, Blackstone real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Blackstone, accounting for 63.14% of the town's housing units. Other types of housing that are prevalent in Blackstone include duplexes, homes converted to apartments or other small apartment buildings ( 18.39%), row houses and other attached homes ( 11.84%), and a few large apartment complexes or high rise apartments ( 6.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Blackstone. Owner-occupied housing accounts for 77.25% of Blackstone's homes, and 62.66% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Blackstone 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 Blackstone built between 1940-1969 ( 25.26%). A lesser amount of the housing stock also hails from before 1939 ( 22.04%). There's also some housing in Blackstone built between 2000 and later ( 12.88%).

Blackstone Home Appreciation Rates

Appreciation rates for homes in Blackstone have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 38.39%, which ranks in the top 50% nationwide. This equates to an annual average Blackstone house appreciation rate of 3.30%.

NeighborhoodScout's data show that during the latest twelve months, Blackstone's appreciation rate, at 7.45%, has been at or slightly above the national average. In the latest quarter, Blackstone's appreciation rate has been 2.23%, which annualizes to a rate of 9.23%.

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

Average Home Values

 

Median Home Value:
$344,571

Blackstone, MA HOME PRICES

> $1,206,000
0.9%
0.9%
$904,001 - $1,206,000
1.1%
1.1%
$602,001 - $904,000
4.7%
4.7%
$482,001 - $602,000
11.8%
11.8%
$362,001 - $482,000
27.8%
27.8%
$241,001 - $362,000
34.7%
34.7%
$121,001 - $241,000
17.3%
17.3%
$60,001 - $121,000
0.3%
0.3%
$0 - $60,000
1.3%
1.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Low for MA

Value Relative To Nation

Number Of Homes And Apartments:
3,526

Blackstone Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
69.71% 2.52%
2
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,727 / per month

Homeownership Rate

Owners
77.3%
77.3%
Renters
22.7%
22.7%
Vacant
6.1%
6.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
12.9%
12.9%
1970 - 1999
39.8%
39.8%
1940 - 1969
25.3%
25.3%
1939 or Older
22.0%
22.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
63.1%
63.1%
Townhomes
11.8%
11.8%
Small Apt. Buildings
18.4%
18.4%
Apt. Complexes
6.4%
6.4%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.6%
1.6%
1 Bedroom
9.9%
9.9%
2 Bedrooms
22.8%
22.8%
3 Bedrooms
42.0%
42.0%
4 Bedrooms
20.6%
20.6%
5 or more bedrooms
3.1%
3.1%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Blackstone

Zip Codes in Blackstone, MA