Webster, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Webster Neighborhoods Since 2000




Webster, 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

Webster Housing Market Information

With a population of 16,893, 6,669 total housing units (homes and apartments), and a median house value of $218,743, Webster real estate values are some of the lowest in Massachusetts, although compared to real estate around the nation, Webster homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Webster, accounting for 47.92% of the town's housing units. Other types of housing that are prevalent in Webster include duplexes, homes converted to apartments or other small apartment buildings ( 30.93%), large apartment complexes or high rise apartments ( 16.09%), and a few row houses and other attached homes ( 3.28%).

The most prevalent building size and type in Webster are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 52.08% owning and 47.92% renting.

The housing in Webster was primarily built before 1939 ( 41.98%), making the housing stock in Webster some of the oldest overall in America, although there is a range of ages of homes in Webster. The next most important housing age is between 1970-1999 ( 26.62%), followed by between 1940-1969 ( 25.92%). There's also some housing in Webster built between 2000 and later ( 5.47%).

Vacant housing appears to be an issue in Webster. Fully 12.86% of the housing stock is classified as vacant. Left unchecked, vacant Webster homes and apartments can be a drag on the real estate market, holding Webster real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Webster Home Appreciation Rates

Webster's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Webster during the period has been just -1.79%, which is lower than 80% of US communities.

Appreciation rates are so strong in Webster that despite a nationwide downturn in the housing market, Webster real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Webster appreciation rates continue to be some of the highest in America, at 6.42%, which is higher than appreciation rates in 77.31% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Webster. Webster appreciation rates in the latest quarter were at 0.33%, which equates to an annual appreciation rate of 1.33%.

Relative to Massachusetts, our data show that Webster's latest annual appreciation rate is higher than 80% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$218,743

Webster, MA HOME PRICES

Value Range
> $1,111,000 0.2
$833,001 - $1,111,000 0.8
$555,001 - $833,000 4.3
$444,001 - $555,000 3.3
$333,001 - $444,000 7.5
$222,001 - $333,000 33.4
$111,001 - $222,000 42.0
$56,001 - $111,000 4.5
$0 - $56,000 3.9

Very Low for MA
High for Nation

Value Relative to Nation Value Relative to State
27.9268721434431 92.6282051282051

Number Of Homes And Apartments:
6,669

Webster 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
41.61% 2.04% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,130 / per month

Homeownership Rate

Homeownership
Owners 52.08
Renters 47.92
Vacant 12.86

Housing Market Details

 

Age of Homes

AGE OF Webster HOMES
2000 or Newer 5.5
1970 - 1999 26.6
1940 - 1969 25.9
1939 or Older 42.0

Types of Homes

TYPE OF Webster HOMES
Single-Family 47.9
Townhomes 3.3
Small Apt. Buildings 30.9
Apt. Complexes 16.1
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Webster HOMES
No Bedroom 2.53
1 Bedroom 10.68
2 Bedrooms 30.41
3 Bedrooms 41.15
4 Bedrooms 12.22
5 or more bedrooms 3.02