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Housing

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  HOUSING OVERVIEW
  

The median home value in Norfolk, Massachusetts, is $187,900. Home appreciation is 8.90% over the last year. The median age of Norfolk, Massachusetts, real estate is 38 years.

Norfolk, Massachusetts Apartments and Rentals

Renters make up 13.21% of the Norfolk, Massachusetts, population. 39.04% of houses and apartments in Norfolk, Massachusetts, are unoccupied (vacancy rate).

  HOUSINGNorfolk, MassachusettsUnited States
  Median Home Age  3837
  Median Home Cost  $445,300$170,100
  Home Appr. Last 12 months  8.90%4.90%
  Home Appr. Last 5 yrs.  9.90%-4.60%
  Home Appr. Last 10 yrs.  5.80%12.70%
  Property Tax Rate  $12.00$12.07
  Homes Owned  47.76%57.34%
  Housing Vacant  39.04%12.47%
  Homes Rented  13.21%30.19%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $1,031$661
  1 Bedroom Home or Apartment  $1,142$765
  2 Bedroom Home or Apartment  $1,416$957
  3 Bedroom Home or Apartment  $1,763$1,289
  4 Bedroom Home or Apartment  $1,923$1,490
  VACANT HOUSING
  Vacant For Rent  0.50%2.50%
  Vacant Rented  0.00%0.46%
  Vacant For Sale  1.50%1.38%
  Vacant Sold  1.16%0.46%
  Vacant Vacation  33.64%3.81%
  Vacant Other  2.24%3.87%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  1.04%3.30%
  $20,000 to $39,999  2.09%3.44%
  $40,000 to $59,999  1.04%4.18%
  $60,000 to $79,999  2.26%5.80%
  $80,000 to $99,999  7.65%7.08%
  $100,000 to $149,999  15.65%15.77%
  $150,000 to $199,999  25.04%15.03%
  $200,000 to $299,999  22.44%18.50%
  $300,000 to $399,999  7.13%10.39%
  $400,000 to $499,999  5.39%5.66%
  $500,000 to $749,999  5.22%6.39%
  $750,000 to $999,999  2.44%2.28%
  $1,000,000 or more  2.61%2.18%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  0.33%0.29%
  2000 to 2009  14.78%14.18%
  1990 to 1999  14.70%13.96%
  1980 to 1989  13.12%13.99%
  1970 to 1979  11.71%16.09%
  1960 to 1969  14.70%13.96%
  1950 to 1959  10.13%11.05%
  1940 to 1949  5.40%5.59%
  1939 or Earlier  23.09%13.68%

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