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Housing in Norfolk, Massachusetts

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HousingNorfolk, MAUnited States
Median Home Age3837
Median Home Cost$445,300$170,100
Home Appr. Last 12 months8.90%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 Owned47.76%57.34%
Housing Vacant39.04%12.47%
Homes Rented13.21%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
Vancant For Rent0.004980.02503
Vancant Rented00.00457
Vancant For Sale0.014950.01379
Vancant Sold0.011630.00457
Vancant Vacation0.336380.03809
Vancant Other0.022430.03865
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,0001.04%3.30%
$20,000 to $39,9992.09%3.44%
$40,000 to $59,9991.04%4.18%
$60,000 to $79,9992.26%5.80%
$80,000 to $99,9997.65%7.08%
$100,000 to $149,99915.65%15.77%
$150,000 to $199,99925.04%15.03%
$200,000 to $299,99922.44%18.50%
$300,000 to $399,9997.13%10.39%
$400,000 to $499,9995.39%5.66%
$500,000 to $749,9995.22%6.39%
$750,000 to $999,9992.44%2.28%
$1,000,000 or more2.61%2.18%
HOUSING UNITS BY YEAR STRUCTURE BUILT
2010 and newer0.33%0.29%
2000 to 200914.78%14.18%
1990 to 199914.70%13.96%
1980 to 198913.12%13.99%
1970 to 197911.71%16.09%
1960 to 196914.70%13.96%
1950 to 195910.13%11.05%
1940 to 19495.40%5.59%
1939 or Earlier23.09%13.68%

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

Norfolk, MA Apartments and Rentals

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


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