Foxborough MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Foxborough Housing Market Information

With 17,671 people, 6,626 houses or apartments, and a median cost of homes of $488,731, 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 63.72% of the town's housing units. Other types of housing that are prevalent in Foxborough include large apartment complexes or high rise apartments ( 22.80%), duplexes, homes converted to apartments or other small apartment buildings ( 10.01%), and a few row houses and other attached homes ( 3.06%).

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 65.23% of Foxborough's homes, and 51.40% 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 ( 32.49%). A lesser amount of the housing stock also hails from before 1939 ( 15.14%). There's also some housing in Foxborough built between 2000 and later ( 10.47%).

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 26.79%, which ranks in the top 40% nationwide. This equates to an annual average Foxborough house appreciation rate of 2.40%.

Over the last year, Foxborough appreciation rates have trailed the rest of the nation. In the last twelve months, Foxborough's appreciation rate has been 2.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Foxborough were at 1.12%, which equates to an annual appreciation rate of 4.56%.

Relative to Massachusetts, our data show that Foxborough's latest annual appreciation rate is lower than 60% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$488,731

Foxborough, MA HOME PRICES

Value Range
> $1,197,000 1.4
$898,001 - $1,197,000 3.4
$599,001 - $898,000 22.0
$479,001 - $599,000 20.8
$359,001 - $479,000 33.8
$239,001 - $359,000 10.8
$119,001 - $239,000 3.6
$60,001 - $119,000 0.3
$0 - $60,000 3.8

High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
7.73138686131387 33.0128205128205

Number Of Homes And Apartments:
6,626

Foxborough Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
68.36% 2.67%
5
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,299 / per month

Homeownership Rate

Homeownership
Owners 65.23
Renters 34.77
Vacant 2.16

Housing Market Details

 

Age of Homes

AGE OF Foxborough HOMES
2000 or Newer 10.5
1970 - 1999 41.9
1940 - 1969 32.5
1939 or Older 15.1

Types of Homes

TYPE OF Foxborough HOMES
Single-Family 63.7
Townhomes 3.1
Small Apt. Buildings 10.0
Apt. Complexes 22.8
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Foxborough HOMES
No Bedroom 0.46
1 Bedroom 11.80
2 Bedrooms 32.52
3 Bedrooms 28.50
4 Bedrooms 22.90
5 or more bedrooms 3.82

Popular Neighborhoods in Foxborough

Zip Codes in Foxborough, MA