Foxborough, 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

Foxborough, MA Housing Market Trends

With 18,399 people, 6,805 houses or apartments, and a median cost of homes of $482,407, real estate costs in Foxborough 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 Foxborough, accounting for 57.96% of the town's housing units. Other types of housing that are prevalent in Foxborough include large apartment complexes or high rise apartments ( 26.63%), duplexes, homes converted to apartments or other small apartment buildings ( 9.05%), and a few row houses and other attached homes ( 6.36%).

The most prevalent building size and type in Foxborough are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 63.47% owning and 36.53% renting.

There is a lot of housing in Foxborough 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 Foxborough built between 1940-1969 ( 29.91%). A lesser amount of the housing stock also hails from before 1939 ( 16.49%). There's also some housing in Foxborough built between 2000 and later ( 13.59%).

Foxborough Home Appreciation Rates

Appreciation rates for homes in Foxborough have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 36.43%, which ranks in the top 50% nationwide. This equates to an annual average Foxborough house appreciation rate of 3.16%.

NeighborhoodScout's data show that during the latest twelve months, Foxborough's appreciation rate, at 6.11%, has been at or slightly above the national average. In the latest quarter, Foxborough's appreciation rate has been 1.51%, which annualizes to a rate of 6.18%.

Relative to Massachusetts, our data show that Foxborough's latest annual appreciation rate is lower than 50% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$482,407

Foxborough, MA HOME PRICES

> $1,155,000
0.7%
0.7%
$867,001 - $1,155,000
5.5%
5.5%
$577,001 - $867,000
27.0%
27.0%
$462,001 - $577,000
23.0%
23.0%
$346,001 - $462,000
28.7%
28.7%
$231,001 - $346,000
7.5%
7.5%
$115,001 - $231,000
5.0%
5.0%
$58,001 - $115,000
0.3%
0.3%
$0 - $58,000
2.4%
2.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for MA

Value Relative To Nation

Number Of Homes And Apartments:
6,805

Foxborough 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
78.32% 2.76%
4
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,669 / per month

Homeownership Rate

Owners
63.5%
63.5%
Renters
36.5%
36.5%
Vacant
1.0%
1.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
13.6%
13.6%
1970 - 1999
40.0%
40.0%
1940 - 1969
29.9%
29.9%
1939 or Older
16.5%
16.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
58.0%
58.0%
Townhomes
6.4%
6.4%
Small Apt. Buildings
9.0%
9.0%
Apt. Complexes
26.6%
26.6%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
11.6%
11.6%
2 Bedrooms
33.8%
33.8%
3 Bedrooms
27.6%
27.6%
4 Bedrooms
21.5%
21.5%
5 or more bedrooms
3.5%
3.5%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Foxborough

Zip Codes in Foxborough, MA