Natick MA

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Natick, 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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Natick Housing Market Information

With 36,229 people, 14,404 houses or apartments, and a median cost of homes of $613,229, Natick house prices are not only among the most expensive in Massachusetts, Natick real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Natick, accounting for 58.42% of the town's housing units. Other types of housing that are prevalent in Natick include large apartment complexes or high rise apartments ( 26.24%), duplexes, homes converted to apartments or other small apartment buildings ( 10.41%), and a few row houses and other attached homes ( 4.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Natick. Owner-occupied housing accounts for 70.29% of Natick's homes, and 56.08% 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. Natick's housing was primarily built during this period, from the '40s through the '60s. A full 38.08% of the town's housing hails from this era. Other housing ages represented in Natick include homes built between 1970-1999 ( 30.42%) and housing constructed before 1939 ( 18.45%). There's also some housing in Natick built between 2000 and later ( 13.05%).

Natick Home Appreciation Rates

In the last 10 years, Natick has experienced some of the highest home appreciation rates of any community in the nation. Natick real estate appreciated 49.25% over the last ten years, which is an average annual home appreciation rate of 4.09%, putting Natick in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Natick definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Natick appreciation rates have trailed the rest of the nation. In the last twelve months, Natick's appreciation rate has been 2.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Natick were at 0.97%, which equates to an annual appreciation rate of 3.96%.

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

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Natick differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Natick - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Natick real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,184,000 2.9
$888,001 - $1,184,000 13.6
$592,001 - $888,000 37.1
$473,001 - $592,000 19.8
$355,001 - $473,000 12.8
$237,001 - $355,000 7.0
$118,001 - $237,000 5.5
$59,001 - $118,000 0.1
$0 - $59,000 1.3

Very High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
4.91678832116788 19.2307692307692

Number Of Homes And Apartments:

Natick Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
99.07% 3.42%
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,671 / per month

Homeownership Rate

Owners 70.29
Renters 29.71
Vacant 4.27

Housing Market Details


Age of Homes

2000 or Newer 13.1
1970 - 1999 30.4
1940 - 1969 38.1
1939 or Older 18.5

Types of Homes

Single-Family 58.4
Townhomes 4.4
Small Apt. Buildings 10.4
Apt. Complexes 26.2
Mobile Homes 0.5
Other 0.0

Home Size

No Bedroom 1.56
1 Bedroom 15.55
2 Bedrooms 21.94
3 Bedrooms 31.38
4 Bedrooms 24.70
5 or more bedrooms 4.87