The housing market in Braintree Town, MA is very strong. The median value of a home in the area is $580,500, which is significantly higher than the US median of $338,100. This points to a healthy and competitive real estate market in the town. Furthermore, year-over-year appreciation rates for homes in Braintree Town are 5.64%, only slightly lower than the national average of 8.27%. This indicates that home values are increasing at a steady pace and that homeowners can expect promising returns on their investments in the long term.
The median home cost in Braintree Town is $580,500. Home appreciation the last 10 years has been 104.4%. Home Appreciation in Braintree Town is up 10.6%.
Average Age of Homes
- The median age of Braintree Town real estate is 60 years old
The Rental Market in Braintree Town
- Renters make up 27.8% of the Braintree Town population
- 1.3% of houses and apartments in Braintree Town, 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.