Middleborough, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Middleborough Neighborhoods Since 2000




Middleborough, 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

Middleborough Housing Market Information

With 24,350 people, 8,566 houses or apartments, and a median cost of homes of $328,961, real estate costs in Middleborough 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 Middleborough, accounting for 67.47% of the town's housing units. Other types of housing that are prevalent in Middleborough include duplexes, homes converted to apartments or other small apartment buildings ( 11.38%), large apartment complexes or high rise apartments ( 10.61%), and a few mobile homes or trailers ( 6.64%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Middleborough. Owner-occupied housing accounts for 77.58% of Middleborough's homes, and 60.49% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Middleborough 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 Middleborough built before 1939 ( 23.76%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.14%). There's also some housing in Middleborough built between 1940-1969 ( 15.63%).

Middleborough Home Appreciation Rates

Middleborough's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Middleborough during the period has been just -1.28%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Middleborough's appreciation rate, at 4.82%, has been at or slightly above the national average. In the latest quarter, Middleborough's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

Relative to Massachusetts, our data show that Middleborough's latest annual appreciation rate is higher than 50% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$328,961

Middleborough, MA HOME PRICES

Value Range
> $1,154,000 0.5
$866,001 - $1,154,000 0.2
$577,001 - $866,000 4.9
$462,001 - $577,000 7.1
$346,001 - $462,000 34.1
$231,001 - $346,000 40.4
$115,001 - $231,000 8.2
$58,001 - $115,000 1.8
$0 - $58,000 2.8

Low for MA
Very High for Nation

Value Relative to Nation Value Relative to State
13.7993671627798 60.8974358974359

Number Of Homes And Apartments:
8,566

Middleborough 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
48.92% 2.34% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,630 / per month

Homeownership Rate

Homeownership
Owners 77.58
Renters 22.42
Vacant 6.10

Housing Market Details

 

Age of Homes

AGE OF Middleborough HOMES
2000 or Newer 20.1
1970 - 1999 40.5
1940 - 1969 15.6
1939 or Older 23.8

Types of Homes

TYPE OF Middleborough HOMES
Single-Family 67.5
Townhomes 3.9
Small Apt. Buildings 11.4
Apt. Complexes 10.6
Mobile Homes 6.6
Other 0.0

Home Size

SIZE OF Middleborough HOMES
No Bedroom 2.03
1 Bedroom 6.47
2 Bedrooms 28.27
3 Bedrooms 44.37
4 Bedrooms 16.13
5 or more bedrooms 2.74

Popular Neighborhoods in Middleborough

Zip Codes in Middleborough, MA