Freetown, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Freetown Neighborhoods Since 2000




Freetown, 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

Freetown Housing Market Information

With 9,179 people, 3,072 houses or apartments, and a median cost of homes of $360,289, real estate costs in Freetown 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 Freetown, accounting for 91.10% of the town's housing units. Other types of housing that are prevalent in Freetown include duplexes, homes converted to apartments or other small apartment buildings ( 6.74%), row houses and other attached homes ( 1.83%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Freetown. Owner-occupied housing accounts for 86.28% of Freetown's homes, and 71.89% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Freetown 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 Freetown built between 1940-1969 ( 26.68%). A lesser amount of the housing stock also hails from before 1939 ( 14.76%). There's also some housing in Freetown built between 2000 and later ( 10.64%).

Freetown Home Appreciation Rates

Freetown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Freetown during the period has been just -1.16%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Freetown's appreciation rate, at 4.04%, has been at or slightly above the national average. In the latest quarter, Freetown's appreciation rate has been 0.64%, which annualizes to a rate of 2.59%.

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

Average Home Values

 

Median Home Value:
$360,289

Freetown, MA HOME PRICES

Value Range
> $1,143,000 1.0
$858,001 - $1,143,000 0.0
$572,001 - $858,000 7.5
$458,001 - $572,000 10.6
$343,001 - $458,000 35.6
$229,001 - $343,000 33.7
$114,001 - $229,000 9.3
$57,001 - $114,000 0.0
$0 - $57,000 2.3

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
11.4731044181413 53.525641025641

Number Of Homes And Apartments:
3,072

Freetown 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
57.42% 2.67% 7 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,693 / per month

Homeownership Rate

Homeownership
Owners 86.28
Renters 13.72
Vacant 6.34

Housing Market Details

 

Age of Homes

AGE OF Freetown HOMES
2000 or Newer 10.6
1970 - 1999 47.9
1940 - 1969 26.7
1939 or Older 14.8

Types of Homes

TYPE OF Freetown HOMES
Single-Family 91.1
Townhomes 1.8
Small Apt. Buildings 6.7
Apt. Complexes 0.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Freetown HOMES
No Bedroom 0.73
1 Bedroom 4.18
2 Bedrooms 19.24
3 Bedrooms 54.42
4 Bedrooms 17.47
5 or more bedrooms 3.96