Woburn, MA is one of the most sought-after locations in regards to housing due to its median house value of $635,600. This is significantly higher than the US median house value of $338,100. Additionally, Woburn has seen a 1 year rate of appreciation of 8.08%, which is slightly lower than the national average of 8.27%. Therefore, those who invest in Woburn’s housing market will likely see a good return on their investment in the future.
The median home cost in Woburn is $635,600. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Woburn is up 12.9%.
Average Age of Homes
- The median age of Woburn real estate is 56 years old
The Rental Market in Woburn
- Renters make up 36.5% of the Woburn population
- 1.9% of houses and apartments in Woburn, 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.