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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Maynard, MA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Maynard, MA Housing Market Trends

With 10,546 people, 4,416 houses or apartments, and a median cost of homes of $614,531, real estate costs in Maynard 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 Maynard, accounting for 63.89% of the town's housing units. Other types of housing that are prevalent in Maynard include large apartment complexes or high rise apartments ( 16.29%), duplexes, homes converted to apartments or other small apartment buildings ( 13.13%), and a few row houses and other attached homes ( 6.49%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Maynard. Owner-occupied housing accounts for 77.64% of Maynard's homes, and 55.38% have either three or four bedrooms, which is average sized relative to America.

The housing in Maynard was primarily built before 1939 ( 31.68%), making the housing stock in Maynard some of the oldest overall in America, although there is a range of ages of homes in Maynard. The next most important housing age is between 1940-1969 ( 30.50%), followed by between 1970-1999 ( 28.61%). There's also some housing in Maynard built between 2000 and later ( 9.22%).

Maynard Home Appreciation Rates

Real estate appreciation rates in Maynard's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.13% during the period.

NeighborhoodScout's data show that during the latest twelve months, Maynard's appreciation rate, at 6.13%, has been at or slightly above the national average. In the latest quarter, Maynard's appreciation rate has been 1.11%, which annualizes to a rate of 4.52%.

Relative to Massachusetts, our data show that Maynard's latest annual appreciation rate is lower than 80% of the other cities and towns in Massachusetts.

Average Home Values

Median Home Value

$614,531

Maynard, MA Home Prices
> $1,286,000
$964,001 - $1,286,000
$642,001 - $964,000
$514,001 - $642,000
$386,001 - $514,000
$257,001 - $386,000
$128,001 - $257,000
$64,001 - $128,000
$0 - $64,000
1.5%
1.5%
2.2%
2.2%
34.3%
34.3%
27.6%
27.6%
26.1%
26.1%
4.8%
4.8%
1.8%
1.8%
0.4%
0.4%
1.4%
1.4%
0% 100.0%
% of Homes
Average

for Massachusetts

Very High

for nation

Number of Homes And Apartments:

4,416

Maynard Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,577 / per month

Homeownership Rate

Owners
Renters
77.6%
77.6%
22.4%
22.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.1%
5.1%
94.9%
94.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.2%
9.2%
28.6%
28.6%
30.5%
30.5%
31.7%
31.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
63.9%
63.9%
6.5%
6.5%
13.1%
13.1%
16.3%
16.3%
0.0%
0.0%
0.2%
0.2%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.8%
1.8%
10.3%
10.3%
27.4%
27.4%
34.0%
34.0%
21.3%
21.3%
5.1%
5.1%
0% 100.0%
% of Homes

Popular Neighborhoods in Maynard

Zip Codes in Maynard, MA