Sandwich MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q3 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 about Scout's Real Estate Data

Sandwich Housing Market Information

With a population of 20,169, 7,824 total housing units (homes and apartments), and a median house value of $446,035, 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 90.94% of the town's housing units. Other types of housing that are prevalent in Sandwich include large apartment complexes or high rise apartments ( 3.60%), duplexes, homes converted to apartments or other small apartment buildings ( 3.13%), and a few row houses and other attached homes ( 2.33%).

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 86.95% of Sandwich's homes, and 71.20% 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 ( 15.96%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.38%). There's also some housing in Sandwich built before 1939 ( 7.66%).

Vacant housing appears to be an issue in Sandwich. Fully 19.99% 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

Real estate appreciation rates in Sandwich's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.50% during the period.

NeighborhoodScout's data show that during the latest twelve months, Sandwich's appreciation rate, at 4.43%, has been at or slightly above the national average. In the latest quarter, Sandwich's appreciation rate has been 1.32%, which annualizes to a rate of 5.40%.

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

Average Home Values

 

Median Home Value:
$446,035

Sandwich, MA HOME PRICES

Value Range
> $1,192,000 1.7
$894,001 - $1,192,000 3.3
$596,001 - $894,000 18.2
$477,001 - $596,000 17.1
$358,001 - $477,000 36.9
$238,001 - $358,000 18.9
$120,001 - $238,000 3.1
$59,001 - $120,000 0.0
$0 - $59,000 0.8

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
10.014598540146 45.1923076923077

Number Of Homes And Apartments:
7,824

Sandwich Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
78.07% 2.82%
6
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,968 / per month

Homeownership Rate

Homeownership
Owners 86.95
Renters 13.05
Vacant 19.99

Housing Market Details

 

Age of Homes

AGE OF Sandwich HOMES
2000 or Newer 10.4
1970 - 1999 66.0
1940 - 1969 16.0
1939 or Older 7.7

Types of Homes

TYPE OF Sandwich HOMES
Single-Family 90.9
Townhomes 2.3
Small Apt. Buildings 3.1
Apt. Complexes 3.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Sandwich HOMES
No Bedroom 1.56
1 Bedroom 4.16
2 Bedrooms 18.79
3 Bedrooms 47.66
4 Bedrooms 23.54
5 or more bedrooms 4.28

Zip Codes in Sandwich, MA