Townsend, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Townsend Neighborhoods Since 2000




Townsend, 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

Townsend Housing Market Information

With 9,515 people, 3,276 houses or apartments, and a median cost of homes of $299,296, Townsend real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Townsend, accounting for 83.53% of the town's housing units. Other types of housing that are prevalent in Townsend include large apartment complexes or high rise apartments ( 6.85%), duplexes, homes converted to apartments or other small apartment buildings ( 4.91%), and a few row houses and other attached homes ( 4.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Townsend. Owner-occupied housing accounts for 81.82% of Townsend's homes, and 71.52% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Townsend 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 Townsend built between 1940-1969 ( 22.23%). A lesser amount of the housing stock also hails from before 1939 ( 18.98%). There's also some housing in Townsend built between 2000 and later ( 7.91%).

Townsend Home Appreciation Rates

Townsend's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Townsend during the period has been just -1.16%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Townsend's appreciation rate, at 4.58%, has been at or slightly above the national average. In the latest quarter, Townsend's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

Relative to Massachusetts, our data show that Townsend's latest annual appreciation rate is lower than 50% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$299,296

Townsend, MA HOME PRICES

Value Range
> $1,126,000 0.2
$844,001 - $1,126,000 0.0
$563,001 - $844,000 2.5
$450,001 - $563,000 6.6
$338,001 - $450,000 19.8
$225,001 - $338,000 56.9
$113,001 - $225,000 10.1
$56,001 - $113,000 2.6
$0 - $56,000 1.4

Low for MA
Very High for Nation

Value Relative to Nation Value Relative to State
16.3307160435955 70.1923076923077

Number Of Homes And Apartments:
3,276

Townsend 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
29.01% 1.49% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,481 / per month

Homeownership Rate

Homeownership
Owners 81.82
Renters 18.18
Vacant 6.51

Housing Market Details

 

Age of Homes

AGE OF Townsend HOMES
2000 or Newer 7.9
1970 - 1999 50.9
1940 - 1969 22.2
1939 or Older 19.0

Types of Homes

TYPE OF Townsend HOMES
Single-Family 83.5
Townhomes 4.2
Small Apt. Buildings 4.9
Apt. Complexes 6.8
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Townsend HOMES
No Bedroom 2.28
1 Bedroom 6.45
2 Bedrooms 17.58
3 Bedrooms 53.37
4 Bedrooms 18.15
5 or more bedrooms 2.17

Popular Neighborhoods in Townsend

Zip Codes in Townsend, MA