Taunton, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Taunton Neighborhoods Since 2000




Taunton, 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

Taunton Housing Market Information

With 56,789 people, 22,035 houses or apartments, and a median cost of homes of $268,188, Taunton real estate values are some of the lowest in Massachusetts, although compared to real estate around the nation, Taunton homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Taunton, accounting for 46.55% of the city's housing units. Other types of housing that are prevalent in Taunton include duplexes, homes converted to apartments or other small apartment buildings ( 28.63%), large apartment complexes or high rise apartments ( 16.08%), and a few row houses and other attached homes ( 5.36%).

The most prevalent building size and type in Taunton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.96% owning and 38.04% renting.

There is a lot of housing in Taunton 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 Taunton built before 1939 ( 36.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.86%). There's also some housing in Taunton built between 2000 and later ( 6.55%).

Taunton Home Appreciation Rates

Taunton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Taunton during the period has been just -1.57%, which is lower than 80% of US communities.

Appreciation rates are so strong in Taunton that despite a nationwide downturn in the housing market, Taunton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Taunton appreciation rates continue to be some of the highest in America, at 6.11%, which is higher than appreciation rates in 75.00% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Taunton. Taunton appreciation rates in the latest quarter were at 0.64%, which equates to an annual appreciation rate of 2.59%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Taunton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Taunton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Taunton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$268,188

Taunton, MA HOME PRICES

Value Range
> $1,151,000 0.2
$863,001 - $1,151,000 0.2
$576,001 - $863,000 1.0
$460,001 - $576,000 4.6
$345,001 - $460,000 17.8
$230,001 - $345,000 43.9
$115,001 - $230,000 25.5
$58,001 - $115,000 2.8
$0 - $58,000 4.0

Very Low for MA
High for Nation

Value Relative to Nation Value Relative to State
20.0281260986757 80.7692307692308

Number Of Homes And Apartments:
22,035

Taunton 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
47.31% 2.27% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,287 / per month

Homeownership Rate

Homeownership
Owners 61.96
Renters 38.04
Vacant 7.12

Housing Market Details

 

Age of Homes

AGE OF Taunton HOMES
2000 or Newer 6.5
1970 - 1999 37.3
1940 - 1969 19.9
1939 or Older 36.3

Types of Homes

TYPE OF Taunton HOMES
Single-Family 46.5
Townhomes 5.4
Small Apt. Buildings 28.6
Apt. Complexes 16.1
Mobile Homes 3.3
Other 0.1

Home Size

SIZE OF Taunton HOMES
No Bedroom 2.20
1 Bedroom 13.33
2 Bedrooms 29.56
3 Bedrooms 40.02
4 Bedrooms 12.06
5 or more bedrooms 2.83