Sandwich, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sandwich Neighborhoods Since 2000




Sandwich, 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

Sandwich Housing Market Information

With a population of 20,445, 7,553 total housing units (homes and apartments), and a median house value of $365,366, real estate costs in Sandwich 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 Sandwich, accounting for 90.88% of the town's housing units. Other types of housing that are prevalent in Sandwich include duplexes, homes converted to apartments or other small apartment buildings ( 3.50%), large apartment complexes or high rise apartments ( 3.41%), and a few row houses and other attached homes ( 2.21%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sandwich. Owner-occupied housing accounts for 83.48% of Sandwich's homes, and 66.45% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sandwich 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 Sandwich built between 1940-1969 ( 17.71%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.38%). There's also some housing in Sandwich built before 1939 ( 7.82%).

Vacant housing appears to be an issue in Sandwich. Fully 20.89% of the housing stock is classified as vacant. Left unchecked, vacant Sandwich homes and apartments can be a drag on the real estate market, holding Sandwich 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.

Sandwich Home Appreciation Rates

Sandwich's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sandwich during the period has been just -1.04%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Sandwich's appreciation rate, at 3.45%, has been at or slightly above the national average. In the latest quarter, Sandwich's appreciation rate has been 0.10%, which annualizes to a rate of 0.41%.

Relative to Massachusetts, our data show that Sandwich's latest annual appreciation rate is lower than 70% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$365,366

Sandwich, MA HOME PRICES

Value Range
> $1,093,000 1.6
$820,001 - $1,093,000 2.1
$547,001 - $820,000 15.0
$437,001 - $547,000 14.2
$328,001 - $437,000 32.6
$218,001 - $328,000 28.6
$110,001 - $218,000 3.8
$55,001 - $110,000 0.2
$0 - $55,000 1.8

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
11.1742646197117 52.2435897435897

Number Of Homes And Apartments:
7,553

Sandwich 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
49.69% 2.37% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,054 / per month

Homeownership Rate

Homeownership
Owners 83.48
Renters 16.52
Vacant 20.89

Housing Market Details

 

Age of Homes

AGE OF Sandwich HOMES
2000 or Newer 9.4
1970 - 1999 65.1
1940 - 1969 17.7
1939 or Older 7.8

Types of Homes

TYPE OF Sandwich HOMES
Single-Family 90.9
Townhomes 2.2
Small Apt. Buildings 3.5
Apt. Complexes 3.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Sandwich HOMES
No Bedroom 1.82
1 Bedroom 4.86
2 Bedrooms 21.58
3 Bedrooms 46.86
4 Bedrooms 19.60
5 or more bedrooms 5.29

Zip Codes in Sandwich, MA