East Longmeadow, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating East Longmeadow Neighborhoods Since 2000




East Longmeadow, 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

East Longmeadow Housing Market Information

With 16,213 people, 6,039 houses or apartments, and a median cost of homes of $274,642, East Longmeadow real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in East Longmeadow, accounting for 86.09% of the town's housing units. Other types of housing that are prevalent in East Longmeadow include large apartment complexes or high rise apartments ( 7.69%), duplexes, homes converted to apartments or other small apartment buildings ( 4.43%), and a few row houses and other attached homes ( 1.34%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Longmeadow. Owner-occupied housing accounts for 82.50% of East Longmeadow's homes, and 70.34% 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. East Longmeadow's housing was primarily built during this period, from the '40s through the '60s. A full 45.91% of the town's housing hails from this era. Other housing ages represented in East Longmeadow include homes built between 1970-1999 ( 31.06%) and housing constructed between 2000 and later ( 11.65%). There's also some housing in East Longmeadow built before 1939 ( 11.38%).

East Longmeadow Home Appreciation Rates

East Longmeadow's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in East Longmeadow during the period has been just -0.83%, which is lower than 70% of US communities.

Over the last year, East Longmeadow appreciation rates have trailed the rest of the nation. In the last twelve months, East Longmeadow's appreciation rate has been 2.60%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Longmeadow were at 1.15%, which equates to an annual appreciation rate of 4.66%.

Relative to Massachusetts, our data show that East Longmeadow's latest annual appreciation rate is lower than 80% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$274,642

East Longmeadow, MA HOME PRICES

Value Range
> $1,057,000 0.4
$793,001 - $1,057,000 0.0
$528,001 - $793,000 6.6
$423,001 - $528,000 9.1
$317,001 - $423,000 18.2
$211,001 - $317,000 44.5
$106,001 - $211,000 18.8
$53,001 - $106,000 0.4
$0 - $53,000 2.1

Low for MA
Very High for Nation

Value Relative to Nation Value Relative to State
19.1081682878237 77.8846153846154

Number Of Homes And Apartments:
6,039

East Longmeadow 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
45.75% 2.21% 4 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,412 / per month

Homeownership Rate

Homeownership
Owners 82.50
Renters 17.50
Vacant 4.01

Housing Market Details

 

Age of Homes

AGE OF East Longmeadow HOMES
2000 or Newer 11.7
1970 - 1999 31.1
1940 - 1969 45.9
1939 or Older 11.4

Types of Homes

TYPE OF East Longmeadow HOMES
Single-Family 86.1
Townhomes 1.3
Small Apt. Buildings 4.4
Apt. Complexes 7.7
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF East Longmeadow HOMES
No Bedroom 1.64
1 Bedroom 8.41
2 Bedrooms 15.45
3 Bedrooms 42.79
4 Bedrooms 27.55
5 or more bedrooms 4.16

Popular Neighborhoods in East Longmeadow

Zip Codes in East Longmeadow, MA