Massachusetts
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest





Massachusetts Real Estate Values & Housing Market 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 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Average Home Values

Median Home Value:
$406,287

Number Of Homes And Apartments:
2,558,889

Massachusetts Home Prices

Value Range
> $1,202,806 3.9
$901,937 - $1,202,806 4.4
$601,322 - $901,936 13.8
$481,124 - $601,321 12.8
$360,898 - $481,123 21.1
$240,545 - $360,897 23.8
$120,272 - $240,544 15.5
$60,098 - $120,271 2.1
$0 - $60,097 2.6

Massachusetts Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
1.31% 5.34%
6
Last 12 Months:
2017 Q1 - 2018 Q1
6.62% 6.62%
6
Last 2 Years:
2016 Q1 - 2018 Q1
12.37% 6.01%
7
Last 5 Years:
2013 Q1 - 2018 Q1
28.11% 5.08%
7
Last 10 Years:
2008 Q1 - 2018 Q1
14.42% 1.36%
7
Since 2000:
2000 Q1 - 2018 Q1
92.36% 3.70%
7
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,781 / per month

Homeownership Rate

Homeownership
Owners 59.78
Renters 40.22
Vacant 9.79

Housing Details

Age of Homes

AGE OF Massachusetts HOMES
2000 or Newer 8.8
1970 - 1999 30.0
1940 - 1969 27.5
1939 or Older 33.7

Types of Homes

TYPE OF Massachusetts HOMES
Single-Family 52.2
Townhomes 5.3
Small Apt. Buildings 21.0
Apt. Complexes 20.7
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Massachusetts HOMES
No Bedroom 2.66
1 Bedroom 13.85
2 Bedrooms 28.21
3 Bedrooms 34.66
4 Bedrooms 16.22
5 or more bedrooms 4.40