Yarmouth, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Yarmouth Neighborhoods Since 2000




Yarmouth, 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

Yarmouth Housing Market Information

With a population of 23,467, 10,875 total housing units (homes and apartments), and a median house value of $352,760, real estate costs in Yarmouth 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 Yarmouth, accounting for 77.14% of the town's housing units. Other types of housing that are prevalent in Yarmouth include large apartment complexes or high rise apartments ( 9.86%), duplexes, homes converted to apartments or other small apartment buildings ( 7.06%), and a few row houses and other attached homes ( 5.83%).

Dwellings in Yarmouth tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 49.97% of the homes in Yarmouth have two or fewer bedrooms.

There is a lot of housing in Yarmouth built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Yarmouth built between 1940-1969 ( 39.15%). A lesser amount of the housing stock also hails from before 1939 ( 8.71%). There's also some housing in Yarmouth built between 2000 and later ( 4.27%).

A decent proportion of the Yarmouth housing stock is seasonally occupied. That is, homes and condos in Yarmouth are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Yarmouth housing market speaks to its popularity as a vacation location of choice.

Yarmouth Home Appreciation Rates

Yarmouth's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Yarmouth during the period has been just -1.07%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Yarmouth's appreciation rate, at 4.00%, has been at or slightly above the national average. In the latest quarter, Yarmouth's appreciation rate has been 0.10%, which annualizes to a rate of 0.41%.

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

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Yarmouth differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Yarmouth - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Yarmouth real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$352,760

Yarmouth, MA HOME PRICES

Value Range
> $1,117,000 2.8
$838,001 - $1,117,000 2.5
$559,001 - $838,000 6.5
$447,001 - $559,000 10.9
$335,001 - $447,000 26.3
$223,001 - $335,000 34.0
$112,001 - $223,000 12.9
$56,001 - $112,000 1.6
$0 - $56,000 2.6

Average for MA
Very High for Nation

Value Relative to Nation Value Relative to State
11.9946091644205 55.1282051282051

Number Of Homes And Apartments:
10,875

Yarmouth 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
58.79% 2.72% 7 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,521 / per month

Homeownership Rate

Homeownership
Owners 77.73
Renters 22.27
Vacant 36.62

Housing Market Details

 

Age of Homes

AGE OF Yarmouth HOMES
2000 or Newer 4.3
1970 - 1999 47.9
1940 - 1969 39.1
1939 or Older 8.7

Types of Homes

TYPE OF Yarmouth HOMES
Single-Family 77.1
Townhomes 5.8
Small Apt. Buildings 7.1
Apt. Complexes 9.9
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Yarmouth HOMES
No Bedroom 3.91
1 Bedroom 8.43
2 Bedrooms 37.63
3 Bedrooms 37.02
4 Bedrooms 10.29
5 or more bedrooms 2.72