Marblehead, MA is an affluent area with a median housing value of $839,600, well above the US median of $338,100. The one year appreciation rate for house values across the US was 8.27%, while Marblehead's appreciation rate was even higher - 9.17%. This suggests that demand for housing in this area has steadily been on the rise over the past year, making it a desirable place to live and invest in property.
The median home cost in Marblehead is $839,600. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Marblehead is up 13.0%.
Average Age of Homes
- The median age of Marblehead real estate is 74 years old
The Rental Market in Marblehead
- Renters make up 18.6% of the Marblehead population
- 1.2% of houses and apartments in Marblehead, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.