Concord, MA


Highest Appreciating Concord Neighborhoods Since 2000

Concord, 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

Concord Housing Market Information

With 19,830 people, 6,876 houses or apartments, and a median cost of homes of $835,345, Concord house prices are not only among the most expensive in Massachusetts, Concord real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Concord, accounting for 68.74% of the town's housing units. Other types of housing that are prevalent in Concord include large apartment complexes or high rise apartments ( 16.30%), duplexes, homes converted to apartments or other small apartment buildings ( 9.32%), and a few row houses and other attached homes ( 5.64%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Concord. Owner-occupied housing accounts for 69.02% of Concord's homes, and 57.02% 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. Concord's housing was primarily built during this period, from the '40s through the '60s. A full 30.78% of the town's housing hails from this era. Other housing ages represented in Concord include homes built between 1970-1999 ( 30.67%) and housing constructed before 1939 ( 26.78%). There's also some housing in Concord built between 2000 and later ( 11.77%).

Concord Home Appreciation Rates

In the last 10 years, Concord has experienced some of the highest home appreciation rates of any community in the nation. Concord real estate appreciated 17.38% over the last ten years, which is an average annual home appreciation rate of 1.62%, putting Concord in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Concord definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Concord appreciation rates have trailed the rest of the nation. In the last twelve months, Concord's appreciation rate has been 1.33%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Concord were at 1.07%, which equates to an annual appreciation rate of 4.36%.

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

Average Home Values


Median Home Value:


Value Range
> $1,160,000 26.5
$870,001 - $1,160,000 19.1
$580,001 - $870,000 31.8
$464,001 - $580,000 12.4
$348,001 - $464,000 5.6
$232,001 - $348,000 2.6
$116,001 - $232,000 0.3
$58,001 - $116,000 0.8
$0 - $58,000 0.8

Very High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
1.71686393999766 4.80769230769231

Number Of Homes And Apartments:

Concord Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
62.15% 2.84% 8 8
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,599 / per month

Homeownership Rate

Owners 69.02
Renters 30.98
Vacant 7.51

Housing Market Details


Age of Homes

2000 or Newer 11.8
1970 - 1999 30.7
1940 - 1969 30.8
1939 or Older 26.8

Types of Homes

Single-Family 68.7
Townhomes 5.6
Small Apt. Buildings 9.3
Apt. Complexes 16.3
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 1.56
1 Bedroom 8.22
2 Bedrooms 19.63
3 Bedrooms 23.08
4 Bedrooms 33.94
5 or more bedrooms 13.57

Popular Neighborhoods in Concord

Zip Codes in Concord, MA