West Bridgewater, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating West Bridgewater Neighborhoods Since 2000




West Bridgewater, 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

West Bridgewater Housing Market Information

With a population of 7,094, 2,343 total housing units (homes and apartments), and a median house value of $324,826, 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 81.36% 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 ( 9.81%), mobile homes or trailers ( 4.77%), and a few large apartment complexes or high rise apartments ( 2.48%).

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 82.65% of West Bridgewater's homes, and 62.02% have either three or four bedrooms, which is average sized relative to America.

The housing in West Bridgewater was primarily built before 1939 ( 36.25%), 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 ( 30.22%), followed by between 1940-1969 ( 25.73%). There's also some housing in West Bridgewater built between 2000 and later ( 7.80%).

West Bridgewater Home Appreciation Rates

West Bridgewater's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in West Bridgewater during the period has been just -0.97%, which is lower than 70% of US communities.

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 3.03%, 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 1.07%, which equates to an annual appreciation rate of 4.36%.

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

Average Home Values

 

Median Home Value:
$324,826

West Bridgewater, MA HOME PRICES

Value Range
> $1,134,000 0.8
$851,001 - $1,134,000 1.0
$567,001 - $851,000 6.5
$454,001 - $567,000 14.1
$340,001 - $454,000 29.0
$227,001 - $340,000 35.7
$113,001 - $227,000 9.8
$57,001 - $113,000 2.0
$0 - $57,000 1.1

Low for MA
Very High for Nation

Value Relative to Nation Value Relative to State
14.1392241884449 62.5

Number Of Homes And Apartments:
2,343

West Bridgewater 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
49.20% 2.35% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,516 / per month

Homeownership Rate

Homeownership
Owners 82.65
Renters 17.35
Vacant 7.68

Housing Market Details

 

Age of Homes

AGE OF West Bridgewater HOMES
2000 or Newer 7.8
1970 - 1999 30.2
1940 - 1969 25.7
1939 or Older 36.2

Types of Homes

TYPE OF West Bridgewater HOMES
Single-Family 81.4
Townhomes 1.6
Small Apt. Buildings 9.8
Apt. Complexes 2.5
Mobile Homes 4.8
Other 0.0

Home Size

SIZE OF West Bridgewater HOMES
No Bedroom 0.51
1 Bedroom 8.27
2 Bedrooms 22.30
3 Bedrooms 46.85
4 Bedrooms 15.17
5 or more bedrooms 6.90

Popular Neighborhoods in West Bridgewater

Zip Codes in West Bridgewater, MA