West Bridgewater, MA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

West Bridgewater, MA Housing Market Trends

With 7,281 people, 2,499 houses or apartments, and a median cost of homes of $390,376, real estate costs in West Bridgewater 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 West Bridgewater, accounting for 77.41% of the town's housing units. Other types of housing that are prevalent in West Bridgewater include duplexes, homes converted to apartments or other small apartment buildings ( 10.13%), mobile homes or trailers ( 5.27%), and a few row houses and other attached homes ( 4.34%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Bridgewater. Owner-occupied housing accounts for 84.93% of West Bridgewater's homes, and 68.88% have either three or four bedrooms, which is average sized relative to America.

The housing in West Bridgewater was primarily built before 1939 ( 33.90%), making the housing stock in West Bridgewater some of the oldest overall in America, although there is a range of ages of homes in West Bridgewater. The next most important housing age is between 1970-1999 ( 28.67%), followed by between 1940-1969 ( 26.56%). There's also some housing in West Bridgewater built between 2000 and later ( 10.87%).

West Bridgewater Home Appreciation Rates

Appreciation rates for homes in West Bridgewater have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 36.88%, which ranks in the top 40% nationwide. This equates to an annual average West Bridgewater house appreciation rate of 3.19%.

Over the last year, West Bridgewater appreciation rates have trailed the rest of the nation. In the last twelve months, West Bridgewater's appreciation rate has been 5.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Bridgewater were at 2.10%, which equates to an annual appreciation rate of 8.65%.

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

Average Home Values

 

Median Home Value:
$390,376

West Bridgewater, MA HOME PRICES

> $1,159,000
0.0%
0.0%
$869,001 - $1,159,000
0.0%
0.0%
$579,001 - $869,000
10.1%
10.1%
$464,001 - $579,000
19.5%
19.5%
$348,001 - $464,000
41.8%
41.8%
$231,001 - $348,000
17.8%
17.8%
$116,001 - $231,000
7.0%
7.0%
$58,001 - $116,000
3.0%
3.0%
$0 - $58,000
0.9%
0.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Low for MA

Value Relative To Nation

Number Of Homes And Apartments:
2,499

West Bridgewater Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
82.30% 2.90%
6
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,284 / per month

Homeownership Rate

Owners
84.9%
84.9%
Renters
15.1%
15.1%
Vacant
7.3%
7.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
10.9%
10.9%
1970 - 1999
28.7%
28.7%
1940 - 1969
26.6%
26.6%
1939 or Older
33.9%
33.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
77.4%
77.4%
Townhomes
4.3%
4.3%
Small Apt. Buildings
10.1%
10.1%
Apt. Complexes
2.9%
2.9%
Mobile Homes
5.3%
5.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
6.4%
6.4%
2 Bedrooms
21.3%
21.3%
3 Bedrooms
52.6%
52.6%
4 Bedrooms
16.3%
16.3%
5 or more bedrooms
3.4%
3.4%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in West Bridgewater

Zip Codes in West Bridgewater, MA