Weston, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Weston Neighborhoods Since 2000




Weston, 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

Weston Housing Market Information

With 12,057 people, 3,781 houses or apartments, and a median cost of homes of $1,467,616, Weston house prices are not only among the most expensive in Massachusetts, Weston real estate also is some of the most expensive in all of America.

Weston is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Weston than is found in 98% of the communities in America.

The large homes that make up Weston are primarily owner-occupied ( 81.43%).

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Weston's housing was primarily built during this period, from the '40s through the '60s. A full 37.81% of the town's housing hails from this era. Other housing ages represented in Weston include homes built between 1970-1999 ( 25.16%) and housing constructed before 1939 ( 24.55%). There's also some housing in Weston built between 2000 and later ( 12.48%).

Weston Home Appreciation Rates

In the last 10 years, Weston has experienced some of the highest home appreciation rates of any community in the nation. Weston real estate appreciated 27.92% over the last ten years, which is an average annual home appreciation rate of 2.49%, putting Weston in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Weston definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Weston's appreciation rate, at 3.87%, has been at or slightly above the national average. In the latest quarter, Weston's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

Relative to Massachusetts, our data show that Weston's latest annual appreciation rate is lower than 60% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$1,467,616

Weston, MA HOME PRICES

Value Range
> $1,170,000 62.5
$878,001 - $1,170,000 18.3
$585,001 - $878,000 12.5
$468,001 - $585,000 1.7
$351,001 - $468,000 2.6
$234,001 - $351,000 0.1
$117,001 - $234,000 1.3
$59,001 - $117,000 0.8
$0 - $59,000 0.2

Very High for MA
Very High for Nation

Value Relative to Nation Value Relative to State
0.445329895699051 0.32051282051282

Number Of Homes And Apartments:
3,781

Weston 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
44.24% 2.15% 4 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,808 / per month

Homeownership Rate

Homeownership
Owners 81.43
Renters 18.57
Vacant 4.50

Housing Market Details

 

Age of Homes

AGE OF Weston HOMES
2000 or Newer 12.5
1970 - 1999 25.2
1940 - 1969 37.8
1939 or Older 24.6

Types of Homes

TYPE OF Weston HOMES
Single-Family 86.5
Townhomes 1.6
Small Apt. Buildings 5.8
Apt. Complexes 6.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Weston HOMES
No Bedroom 0.71
1 Bedroom 5.33
2 Bedrooms 5.63
3 Bedrooms 23.84
4 Bedrooms 38.44
5 or more bedrooms 26.04

Popular Neighborhoods in Weston

Zip Codes in Weston, MA