Foxborough, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Foxborough Neighborhoods Since 2000




Foxborough, 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

Foxborough Housing Market Information

With 17,456 people, 6,411 houses or apartments, and a median cost of homes of $436,032, 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 62.39% of the town's housing units. Other types of housing that are prevalent in Foxborough include large apartment complexes or high rise apartments ( 23.91%), duplexes, homes converted to apartments or other small apartment buildings ( 9.41%), and a few row houses and other attached homes ( 3.23%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Foxborough. Owner-occupied housing accounts for 66.71% of Foxborough's homes, and 50.97% have either three or four bedrooms, which is average sized relative to America.

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 ( 31.68%). A lesser amount of the housing stock also hails from before 1939 ( 18.52%). There's also some housing in Foxborough built between 2000 and later ( 12.50%).

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 1.28%, which ranks in the top 50% nationwide. This equates to an annual average Foxborough house appreciation rate of 0.13%.

NeighborhoodScout's data show that during the latest twelve months, Foxborough's appreciation rate, at 4.99%, has been at or slightly above the national average. In the latest quarter, Foxborough's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

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

Average Home Values

 

Median Home Value:
$436,032

Foxborough, MA HOME PRICES

Value Range
> $1,139,000 1.2
$855,001 - $1,139,000 2.7
$570,001 - $855,000 18.7
$456,001 - $570,000 19.7
$342,001 - $456,000 37.5
$228,001 - $342,000 13.2
$114,001 - $228,000 2.9
$57,001 - $114,000 1.0
$0 - $57,000 3.1

High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
7.85772881753194 33.3333333333333

Number Of Homes And Apartments:
6,411

Foxborough 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
50.55% 2.40% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,862 / per month

Homeownership Rate

Homeownership
Owners 66.71
Renters 33.29
Vacant 3.33

Housing Market Details

 

Age of Homes

AGE OF Foxborough HOMES
2000 or Newer 12.5
1970 - 1999 37.3
1940 - 1969 31.7
1939 or Older 18.5

Types of Homes

TYPE OF Foxborough HOMES
Single-Family 62.4
Townhomes 3.2
Small Apt. Buildings 9.4
Apt. Complexes 23.9
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Foxborough HOMES
No Bedroom 0.36
1 Bedroom 11.35
2 Bedrooms 33.66
3 Bedrooms 25.69
4 Bedrooms 25.27
5 or more bedrooms 3.66

Popular Neighborhoods in Foxborough

Zip Codes in Foxborough, MA