Housing in Brockton, MA is quite expensive, with the median value of homes being $425,300, which is significantly higher than the US median value of $338,100. The housing market in Brockton has seen a steady growth over the past year, with an appreciation rate of 8.52%, compared to 8.27% nationally. This increase indicates that the city is becoming increasingly desirable for potential homeowners and investors alike. With its proximity to Boston and other major cities nearby, it's no wonder that Brockton is experiencing an influx of people looking to invest in property.
The median home cost in Brockton is $425,300. Home appreciation the last 10 years has been 93.8%. Home Appreciation in Brockton is up 13.2%.
Average Age of Homes
- The median age of Brockton real estate is 61 years old
The Rental Market in Brockton
- Renters make up 40.0% of the Brockton population
- 0.6% of houses and apartments in Brockton, 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.