Harwich, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Harwich, 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

Harwich Housing Market Information

With a population of 12,180, 5,430 total housing units (homes and apartments), and a median house value of $414,703, real estate costs in Harwich 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 Harwich, accounting for 85.93% of the town's housing units. Other types of housing that are prevalent in Harwich include large apartment complexes or high rise apartments ( 7.77%), duplexes, homes converted to apartments or other small apartment buildings ( 3.61%), and a few row houses and other attached homes ( 2.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Harwich. Owner-occupied housing accounts for 82.07% of Harwich's homes, and 61.63% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Harwich 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 Harwich built between 1940-1969 ( 29.84%). A lesser amount of the housing stock also hails from before 1939 ( 15.04%). There's also some housing in Harwich built between 2000 and later ( 9.09%).

A decent proportion of the Harwich housing stock is seasonally occupied. That is, homes and condos in Harwich are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Harwich housing market speaks to its popularity as a vacation location of choice.

Harwich Home Appreciation Rates

Real estate appreciation rates in Harwich's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.63% during the period.

NeighborhoodScout's data show that during the latest twelve months, Harwich's appreciation rate, at 3.52%, has been at or slightly above the national average. In the latest quarter, Harwich's appreciation rate has been 0.10%, which annualizes to a rate of 0.41%.

Relative to Massachusetts, our data show that Harwich's latest annual appreciation rate is lower than 70% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$414,703

Harwich, MA HOME PRICES

Value Range
> $1,100,000 3.5
$824,001 - $1,100,000 5.5
$549,001 - $824,000 16.1
$440,001 - $549,000 14.7
$330,001 - $440,000 33.1
$220,001 - $330,000 21.1
$110,001 - $220,000 3.7
$55,001 - $110,000 0.0
$0 - $55,000 2.2

High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
8.76010781671159 39.4230769230769

Number Of Homes And Apartments:
5,430

Harwich 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
64.90% 2.94% 8 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,413 / per month

Homeownership Rate

Homeownership
Owners 82.07
Renters 17.93
Vacant 45.99

Housing Market Details

 

Age of Homes

AGE OF Harwich HOMES
2000 or Newer 9.1
1970 - 1999 46.0
1940 - 1969 29.8
1939 or Older 15.0

Types of Homes

TYPE OF Harwich HOMES
Single-Family 85.9
Townhomes 2.7
Small Apt. Buildings 3.6
Apt. Complexes 7.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Harwich HOMES
No Bedroom 0.58
1 Bedroom 4.57
2 Bedrooms 27.08
3 Bedrooms 43.74
4 Bedrooms 17.88
5 or more bedrooms 6.15

Popular Neighborhoods in Harwich

Zip Codes in Harwich, MA