Dracut, MA is a great place to purchase a home. The median value of housing in the area is $456,500 which is significantly higher than the US house median value of $338,100. Despite this difference in cost, the 1 year house appreciation rate for Dracut is only slightly lower than the national rate at 8.08%, indicating that it is still a strong and desirable area for housing investment.
The median home cost in Dracut is $456,500. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Dracut is up 12.9%.
Average Age of Homes
- The median age of Dracut real estate is 40 years old
The Rental Market in Dracut
- Renters make up 19.9% of the Dracut population
- 1.2% of houses and apartments in Dracut, 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.