The housing market in Westport, MA is thriving, with the median value of homes being significantly higher than the US House Median Value of $338,100. Furthermore, the 1 year appreciation rate of house values in Westport is 10.36%, compared to the US rate of 8.27%. This indicates that homes in Westport are increasing in value at a faster rate than those across the US. As such, investing in a property in Westport could prove to be a wise move for many homeowners.
The median home cost in Westport is $543,900. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Westport is up 12.9%.
Average Age of Homes
- The median age of Westport real estate is 44 years old
The Rental Market in Westport
- Renters make up 13.9% of the Westport population
- 0.5% of houses and apartments in Westport, 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.