Housing in Groton, MA is more expensive than the national average with a median value of $645,800 compared to the US median value of $338,100. Moreover, the one year appreciation rate of housing in Groton is 11.08%, which is higher than the US 1 year appreciation rate of 8.27%. This suggests that housing in Groton is a desirable and lucrative investment with potential for large returns on investments.
The median home cost in Groton is $645,800. Home appreciation the last 10 years has been 91.0%. Home Appreciation in Groton is up 13.7%.
Average Age of Homes
- The median age of Groton real estate is 36 years old
The Rental Market in Groton
- Renters make up 14.4% of the Groton population
- 0.7% of houses and apartments in Groton, 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.