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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 7,059 people, 2,646 houses or apartments, and a median cost of homes of $785,035, Stow house prices are not only among the most expensive in Massachusetts, Stow real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Stow, accounting for 80.61% of the town's housing units. Other types of housing that are prevalent in Stow include large apartment complexes or high rise apartments ( 10.73%), duplexes, homes converted to apartments or other small apartment buildings ( 4.76%), and a few row houses and other attached homes ( 3.89%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stow. Owner-occupied housing accounts for 85.43% of Stow's homes, and 68.67% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Stow 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 Stow built between 1940-1969 ( 25.55%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.93%). There's also some housing in Stow built before 1939 ( 16.48%).
Real estate appreciation rates in Stow's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.15% during the period.
Over the last year, Stow appreciation rates have trailed the rest of the nation. In the last twelve months, Stow's appreciation rate has been 2.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stow were at 3.53%, which equates to an annual appreciation rate of 14.90%.
Relative to Massachusetts, our data show that Stow's latest annual appreciation rate is lower than 50% of the other cities and towns in Massachusetts.
$3,235 / per month