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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
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'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.
|$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|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF West Bridgewater HOMES|
|2000 or Newer||7.8|
|1970 - 1999||30.2|
|1940 - 1969||25.7|
|1939 or Older||36.2|
|TYPE OF West Bridgewater HOMES|
|Small Apt. Buildings||9.8|
|SIZE OF West Bridgewater HOMES|
|5 or more bedrooms||6.90|