Brewster, 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 Q4 2020. 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

Brewster, MA Housing Market Trends

With 9,775 people, 4,198 houses or apartments, and a median cost of homes of $528,773, real estate costs in Brewster 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 Brewster, accounting for 73.26% of the town's housing units. Other types of housing that are prevalent in Brewster include row houses and other attached homes ( 11.22%), large apartment complexes or high rise apartments ( 8.35%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brewster. Owner-occupied housing accounts for 81.88% of Brewster's homes, and 62.79% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brewster 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 Brewster built between 1940-1969 ( 17.75%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.43%). There's also some housing in Brewster built before 1939 ( 5.35%).

A decent proportion of the Brewster housing stock is seasonally occupied. That is, homes and condos in Brewster are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Brewster housing market speaks to its popularity as a vacation location of choice.

Brewster Home Appreciation Rates

Real estate appreciation rates in Brewster's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.49% during the period.

Appreciation rates are so strong in Brewster that despite a nationwide downturn in the housing market, Brewster real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brewster appreciation rates continue to be some of the highest in America, at 6.89%, which is higher than appreciation rates in 84.94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brewster. Brewster appreciation rates in the latest quarter were at 3.23%, which equates to an annual appreciation rate of 13.57%.

Importantly, this makes Brewster one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Massachusetts, our data show that Brewster's latest annual appreciation rate is higher than 90% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$528,773

Brewster Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
98.11% 3.31%
8
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,650 / per month

Homeownership Rate

Owners
81.9%
81.9%
Renters
18.1%
18.1%
Vacant
47.3%
47.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
9.4%
9.4%
1970 - 1999
67.5%
67.5%
1940 - 1969
17.7%
17.7%
1939 or Older
5.4%
5.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
73.3%
73.3%
Townhomes
11.2%
11.2%
Small Apt. Buildings
7.2%
7.2%
Apt. Complexes
8.4%
8.4%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.2%
0.2%
1 Bedroom
5.2%
5.2%
2 Bedrooms
28.1%
28.1%
3 Bedrooms
47.0%
47.0%
4 Bedrooms
15.8%
15.8%
5 or more bedrooms
3.7%
3.7%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Brewster

Zip Codes in Brewster, MA