Walpole, MA


Highest Appreciating Walpole Neighborhoods Since 2000

Walpole, 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 Q3 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

Walpole Housing Market Information

With a population of 25,102, 8,937 total housing units (homes and apartments), and a median house value of $489,848, real estate costs in Walpole 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 Walpole, accounting for 73.97% of the town's housing units. Other types of housing that are prevalent in Walpole include large apartment complexes or high rise apartments ( 14.21%), duplexes, homes converted to apartments or other small apartment buildings ( 7.10%), and a few row houses and other attached homes ( 4.72%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Walpole. Owner-occupied housing accounts for 80.42% of Walpole's homes, and 65.21% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Walpole 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 Walpole built between 1940-1969 ( 29.64%). A lesser amount of the housing stock also hails from before 1939 ( 15.68%). There's also some housing in Walpole built between 2000 and later ( 15.65%).

Walpole Home Appreciation Rates

Appreciation rates for homes in Walpole have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.49%, which ranks in the top 30% nationwide. This equates to an annual average Walpole house appreciation rate of 1.18%.

Appreciation rates are so strong in Walpole that despite a nationwide downturn in the housing market, Walpole real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Walpole appreciation rates continue to be some of the highest in America, at 7.10%, which is higher than appreciation rates in 77.37% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Walpole. Walpole appreciation rates in the latest quarter were at 1.58%, which equates to an annual appreciation rate of 6.47%.

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

Average Home Values


Median Home Value:


Value Range
> $1,212,000 3.6
$908,001 - $1,212,000 6.0
$606,001 - $908,000 21.9
$485,001 - $606,000 23.7
$363,001 - $485,000 28.7
$242,001 - $363,000 11.1
$121,001 - $242,000 2.7
$61,001 - $121,000 0.3
$0 - $61,000 2.0

High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
6.78025645529598 27.5641025641026

Number Of Homes And Apartments:

Walpole Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
Since 2000:
2000 Q1 - 2017 Q3
57.99% 2.61% 6 6
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,017 / per month

Homeownership Rate

Owners 80.42
Renters 19.58
Vacant 3.01

Housing Market Details


Age of Homes

2000 or Newer 15.7
1970 - 1999 39.0
1940 - 1969 29.6
1939 or Older 15.7

Types of Homes

Single-Family 74.0
Townhomes 4.7
Small Apt. Buildings 7.1
Apt. Complexes 14.2
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 1.09
1 Bedroom 7.96
2 Bedrooms 18.16
3 Bedrooms 36.25
4 Bedrooms 28.96
5 or more bedrooms 7.60