Sharon, 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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Sharon, MA Housing Market Trends

With 18,895 people, 6,344 houses or apartments, and a median cost of homes of $614,901, real estate costs in Sharon 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 Sharon, accounting for 82.27% of the town's housing units. Other types of housing that are prevalent in Sharon include large apartment complexes or high rise apartments ( 8.99%), duplexes, homes converted to apartments or other small apartment buildings ( 6.02%), and a few row houses and other attached homes ( 2.73%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sharon. Owner-occupied housing accounts for 88.05% of Sharon's homes, and 73.58% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sharon 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 Sharon built between 1940-1969 ( 34.59%). A lesser amount of the housing stock also hails from before 1939 ( 15.57%). There's also some housing in Sharon built between 2000 and later ( 8.42%).

Sharon Home Appreciation Rates

Appreciation rates for homes in Sharon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 51.65%, which ranks in the top 40% nationwide. This equates to an annual average Sharon house appreciation rate of 4.25%.

Over the last year, Sharon appreciation rates have trailed the rest of the nation. In the last twelve months, Sharon's appreciation rate has been 7.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sharon were at 3.02%, which equates to an annual appreciation rate of 12.64%.

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

Average Home Values

 

Median Home Value:
$614,901

Sharon, MA HOME PRICES

> $1,165,000
3.4%
3.4%
$874,001 - $1,165,000
14.6%
14.6%
$583,001 - $874,000
41.0%
41.0%
$466,001 - $583,000
22.5%
22.5%
$349,001 - $466,000
12.6%
12.6%
$233,001 - $349,000
3.8%
3.8%
$116,001 - $233,000
1.1%
1.1%
$58,001 - $116,000
0.8%
0.8%
$0 - $58,000
0.2%
0.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for MA

Value Relative To Nation

Number Of Homes And Apartments:
6,344

Sharon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
86.64% 2.94%
4
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,312 / per month

Homeownership Rate

Owners
88.1%
88.1%
Renters
11.9%
11.9%
Vacant
4.8%
4.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
8.4%
8.4%
1970 - 1999
41.4%
41.4%
1940 - 1969
34.6%
34.6%
1939 or Older
15.6%
15.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
82.3%
82.3%
Townhomes
2.7%
2.7%
Small Apt. Buildings
6.0%
6.0%
Apt. Complexes
9.0%
9.0%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.5%
0.5%
1 Bedroom
6.7%
6.7%
2 Bedrooms
13.9%
13.9%
3 Bedrooms
37.6%
37.6%
4 Bedrooms
36.0%
36.0%
5 or more bedrooms
5.3%
5.3%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Sharon

Zip Codes in Sharon, MA