Norfolk, MA County has a median housing value of $658,100, which is significantly higher than the US median housing value of $338,100. This demonstrates that Norfolk is a desirable place to live. The 1 year appreciation rate for houses in Norfolk was 8.09%, slightly lower than the US national rate of 8.27%. Despite this small difference, it still shows that real estate investment in Norfolk is an attractive option for those looking to build their wealth.
The median home cost in Norfolk County is $658,100. Home appreciation the last 10 years has been 86.9%. Home Appreciation in Norfolk County is up 11.4%.
Average Age of Homes
- The median age of Norfolk County real estate is 56 years old
The Rental Market in Norfolk County
- Renters make up 29.5% of the Norfolk County population
- 1.1% of houses and apartments in Norfolk County, 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.