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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.



Plymouth, 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 Q1 2024. 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

Plymouth, MA Housing Market Trends

With 64,269 people, 25,217 houses or apartments, and a median cost of homes of $616,812, real estate costs in Plymouth 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 Plymouth, accounting for 69.71% of the town's housing units. Other types of housing that are prevalent in Plymouth include large apartment complexes or high rise apartments ( 12.04%), duplexes, homes converted to apartments or other small apartment buildings ( 7.85%), and a few row houses and other attached homes ( 7.48%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Plymouth. Owner-occupied housing accounts for 77.51% of Plymouth's homes, and 57.52% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Plymouth 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 Plymouth built between 2000 and later ( 22.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.31%). There's also some housing in Plymouth built before 1939 ( 17.25%).

Vacant housing appears to be an issue in Plymouth. Fully 10.50% of the housing stock is classified as vacant. Left unchecked, vacant Plymouth homes and apartments can be a drag on the real estate market, holding Plymouth real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Plymouth Home Appreciation Rates

Appreciation rates for homes in Plymouth have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.89%, which ranks in the top 50% nationwide. This equates to an annual average Plymouth house appreciation rate of 6.96%.

NeighborhoodScout's data show that during the latest twelve months, Plymouth's appreciation rate, at 10.51%, has been at or slightly above the national average. In the latest quarter, Plymouth's appreciation rate has been 1.79%, which annualizes to a rate of 7.35%.

Relative to Massachusetts, our data show that Plymouth's latest annual appreciation rate is higher than 50% 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 Plymouth differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Plymouth - 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 Plymouth real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$616,812

Plymouth, MA Home Prices
> $1,358,000
$1,018,001 - $1,358,000
$679,001 - $1,018,000
$543,001 - $679,000
$407,001 - $543,000
$272,001 - $407,000
$136,001 - $272,000
$67,001 - $136,000
$0 - $67,000
3.1%
3.1%
6.1%
6.1%
29.7%
29.7%
24.5%
24.5%
20.7%
20.7%
8.8%
8.8%
4.0%
4.0%
0.9%
0.9%
2.2%
2.2%
0% 100.0%
% of Homes
Average

for Massachusetts

Very High

for nation

Number of Homes And Apartments:

25,217

Plymouth Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,278 / per month

Homeownership Rate

Owners
Renters
77.5%
77.5%
22.5%
22.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.5%
10.5%
89.5%
89.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
23.0%
23.0%
42.5%
42.5%
17.3%
17.3%
17.2%
17.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
69.7%
69.7%
7.5%
7.5%
7.9%
7.9%
12.0%
12.0%
2.9%
2.9%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.6%
1.6%
8.3%
8.3%
30.2%
30.2%
42.9%
42.9%
14.6%
14.6%
2.4%
2.4%
0% 100.0%
% of Homes