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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Williamstown, 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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Williamstown, MA Housing Market Trends

With 7,663 people, 2,537 houses or apartments, and a median cost of homes of $634,031, real estate costs in Williamstown 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 Williamstown, accounting for 71.18% of the town's housing units. Other types of housing that are prevalent in Williamstown include large apartment complexes or high rise apartments ( 13.87%), duplexes, homes converted to apartments or other small apartment buildings ( 11.41%), and a few row houses and other attached homes ( 2.18%).

The most prevalent building size and type in Williamstown are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 52.09% owning and 47.91% renting.

The housing in Williamstown was primarily built before 1939 ( 36.67%), making the housing stock in Williamstown some of the oldest overall in America, although there is a range of ages of homes in Williamstown. The next most important housing age is between 1940-1969 ( 31.87%), followed by between 1970-1999 ( 24.12%). There's also some housing in Williamstown built between 2000 and later ( 7.35%).

Vacant housing appears to be an issue in Williamstown. Fully 21.96% of the housing stock is classified as vacant. Left unchecked, vacant Williamstown homes and apartments can be a drag on the real estate market, holding Williamstown 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.

Williamstown Home Appreciation Rates

Appreciation rates for homes in Williamstown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.69%, which ranks in the top 30% nationwide. This equates to an annual average Williamstown house appreciation rate of 7.21%.

Appreciation rates are so strong in Williamstown that despite a nationwide downturn in the housing market, Williamstown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Williamstown appreciation rates continue to be some of the highest in America, at 16.02%, which is higher than appreciation rates in 99.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Williamstown. Williamstown appreciation rates in the latest quarter were at 14.01%, which equates to an annual appreciation rate of 68.96%.

Importantly, this makes Williamstown one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Massachusetts, our data show that Williamstown's latest annual appreciation rate is higher than 90% of the other cities and towns in Massachusetts.

Average Home Values

Median Home Value

$634,031

Williamstown, MA Home Prices
> $1,545,000
$1,159,001 - $1,545,000
$772,001 - $1,159,000
$618,001 - $772,000
$464,001 - $618,000
$309,001 - $464,000
$155,001 - $309,000
$77,001 - $155,000
$0 - $77,000
6.6%
6.6%
7.4%
7.4%
25.0%
25.0%
11.6%
11.6%
13.6%
13.6%
23.6%
23.6%
10.0%
10.0%
0.8%
0.8%
1.5%
1.5%
0% 100.0%
% of Homes
Average

for Massachusetts

Very High

for nation

Number of Homes And Apartments:

2,537

Williamstown Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,016 / per month

Homeownership Rate

Owners
Renters
52.1%
52.1%
47.9%
47.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
22.0%
22.0%
78.0%
78.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.4%
7.4%
24.1%
24.1%
31.9%
31.9%
36.7%
36.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
71.2%
71.2%
2.2%
2.2%
11.4%
11.4%
13.9%
13.9%
1.4%
1.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
8.7%
8.7%
26.2%
26.2%
35.1%
35.1%
17.9%
17.9%
12.1%
12.1%
0% 100.0%
% of Homes