Everett, MA


Highest Appreciating Everett Neighborhoods Since 2000

Everett, MA Real Estate Data

Everett Housing Market Information

With 46,050 people, 15,350 houses or apartments, and a median cost of homes of $412,795, real estate costs in Everett 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.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Everett, accounting for 59.31% of the city's housing units. Other types of housing that are prevalent in Everett include single-family detached homes ( 19.92%), large apartment complexes or high rise apartments ( 15.52%), and a few row houses and other attached homes ( 5.20%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

People in Everett primarily live in small (one, two or no bedroom) units, chiefly found in duplexes, homes converted to apartments or other small apartment buildings. Everett has a mixture of owner-occupied and renter-occupied housing.

The housing in Everett was primarily built before 1939 ( 65.09%), making the housing stock in Everett some of the oldest overall in America, although there is a range of ages of homes in Everett. The next most important housing age is between 1940-1969 ( 19.25%), followed by between 1970-1999 ( 12.18%). There's also some housing in Everett built between 2000 and later ( 3.48%).

Everett Home Appreciation Rates

Real estate appreciation rates in Everett's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.27% during the period.

Appreciation rates are so strong in Everett that despite a nationwide downturn in the housing market, Everett real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Everett appreciation rates continue to be some of the highest in America, at 8.06%, which is higher than appreciation rates in 91.77% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Everett. Everett appreciation rates in the latest quarter were at 1.57%, which equates to an annual appreciation rate of 6.42%.

Relative to Massachusetts, our data show that Everett's latest annual appreciation rate is higher than 90% 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 Everett differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Everett - 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 Everett real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,321,000 0.9
$991,001 - $1,321,000 0.2
$661,001 - $991,000 6.6
$528,001 - $661,000 9.7
$396,001 - $528,000 36.5
$264,001 - $396,000 33.3
$132,001 - $264,000 9.4
$66,001 - $132,000 0.9
$0 - $66,000 2.4

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
9.09410317971541 41.3461538461538

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,441 / per month

Homeownership Rate

Owners 38.67
Renters 61.33
Vacant 6.16

Housing Market Details


Age of Homes

2000 or Newer 3.5
1970 - 1999 12.2
1940 - 1969 19.3
1939 or Older 65.1

Types of Homes

Single-Family 19.9
Townhomes 5.2
Small Apt. Buildings 59.3
Apt. Complexes 15.5
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 2.75
1 Bedroom 19.12
2 Bedrooms 33.23
3 Bedrooms 32.45
4 Bedrooms 7.90
5 or more bedrooms 4.56

Everett Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
61.20% 2.85% 8 7
* 10 is highest