Holbrook, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Holbrook Neighborhoods Since 2000




Holbrook, 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

Holbrook Housing Market Information

With 11,050 people, 4,333 houses or apartments, and a median cost of homes of $313,289, Holbrook real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Holbrook, accounting for 80.56% of the town's housing units. Other types of housing that are prevalent in Holbrook include large apartment complexes or high rise apartments ( 9.90%), duplexes, homes converted to apartments or other small apartment buildings ( 4.52%), and a few row houses and other attached homes ( 3.00%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holbrook. Owner-occupied housing accounts for 82.55% of Holbrook's homes, and 68.53% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Holbrook's housing was primarily built during this period, from the '40s through the '60s. A full 51.87% of the town's housing hails from this era. Other housing ages represented in Holbrook include homes built between 1970-1999 ( 21.23%) and housing constructed before 1939 ( 18.03%). There's also some housing in Holbrook built between 2000 and later ( 8.87%).

Holbrook Home Appreciation Rates

Real estate appreciation rates in Holbrook's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.79% during the period.

Appreciation rates are so strong in Holbrook that despite a nationwide downturn in the housing market, Holbrook real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Holbrook appreciation rates continue to be some of the highest in America, at 5.95%, which is higher than appreciation rates in 73.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Holbrook. Holbrook appreciation rates in the latest quarter were at 1.07%, which equates to an annual appreciation rate of 4.36%.

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

Average Home Values

 

Median Home Value:
$313,289

Holbrook, MA HOME PRICES

Value Range
> $1,173,000 0.8
$880,001 - $1,173,000 0.0
$587,001 - $880,000 4.3
$469,001 - $587,000 5.5
$352,001 - $469,000 28.2
$235,001 - $352,000 47.7
$117,001 - $235,000 10.4
$59,001 - $117,000 1.5
$0 - $59,000 1.7

Low for MA
Very High for Nation

Value Relative to Nation Value Relative to State
15.1412164537677 66.6666666666667

Number Of Homes And Apartments:
4,333

Holbrook 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
50.03% 2.38% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,303 / per month

Homeownership Rate

Homeownership
Owners 82.55
Renters 17.45
Vacant 2.96

Housing Market Details

 

Age of Homes

AGE OF Holbrook HOMES
2000 or Newer 8.9
1970 - 1999 21.2
1940 - 1969 51.9
1939 or Older 18.0

Types of Homes

TYPE OF Holbrook HOMES
Single-Family 80.6
Townhomes 3.0
Small Apt. Buildings 4.5
Apt. Complexes 9.9
Mobile Homes 2.0
Other 0.0

Home Size

SIZE OF Holbrook HOMES
No Bedroom 1.72
1 Bedroom 6.99
2 Bedrooms 18.25
3 Bedrooms 51.24
4 Bedrooms 17.29
5 or more bedrooms 4.50

Popular Neighborhoods in Holbrook

Zip Codes in Holbrook, MA