The housing in Bourne, MA is quite expensive, with a median value of $540,800. This is significantly higher than the US house median value of $338,100. The one year house appreciation rate for the US stands at 8.27%, while the rate for Bourne is much higher at 15.71%. These figures are indicative of a strong housing market in Bourne that is continuing to appreciate steadily each year.
The median home cost in Bourne is $540,800. Home appreciation the last 10 years has been 102.5%. Home Appreciation in Bourne is up 23.0%.
Average Age of Homes
- The median age of Bourne real estate is 46 years old
The Rental Market in Bourne
- Renters make up 16.4% of the Bourne population
- 1.1% of houses and apartments in Bourne, 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.