Sutton, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sutton, MA Real Estate Data


Sutton Housing Market Information

With 9,272 people, 3,104 houses or apartments, and a median cost of homes of $419,617, real estate costs in Sutton 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 Sutton, accounting for 78.21% of the town's housing units. Other types of housing that are prevalent in Sutton include duplexes, homes converted to apartments or other small apartment buildings ( 9.33%), row houses and other attached homes ( 8.17%), and a few large apartment complexes or high rise apartments ( 3.97%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sutton. Owner-occupied housing accounts for 89.05% of Sutton's homes, and 77.15% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sutton 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 Sutton built before 1939 ( 18.83%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.43%). There's also some housing in Sutton built between 2000 and later ( 14.74%).

Sutton Home Appreciation Rates

Sutton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sutton during the period has been just -0.81%, which is lower than 70% of US communities.

Over the last year, Sutton appreciation rates have trailed the rest of the nation. In the last twelve months, Sutton's appreciation rate has been 4.33%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sutton were at 1.83%, which equates to an annual appreciation rate of 7.50%.

Relative to Massachusetts, our data show that Sutton's latest annual appreciation rate is lower than 60% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$419,617

Rent & Ownership

 

Average Market Rent:
$1,338 / per month

Homeownership Rate

Homeownership
Owners 89.05
Renters 10.95
Vacant 8.11

Housing Market Details

 

Age of Homes

AGE OF Sutton HOMES
2000 or Newer 14.7
1970 - 1999 50.0
1940 - 1969 16.4
1939 or Older 18.8

Types of Homes

TYPE OF Sutton HOMES
Single-Family 78.2
Townhomes 8.2
Small Apt. Buildings 9.3
Apt. Complexes 4.0
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Sutton HOMES
No Bedroom 0.00
1 Bedroom 5.27
2 Bedrooms 15.22
3 Bedrooms 50.00
4 Bedrooms 27.15
5 or more bedrooms 2.37

Sutton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
44.06% 2.17% 4 5
* 10 is highest