The housing market in Erving, MA is doing well compared to the national average. The median value of homes in Erving is $284,000, while the US median house value is $338,100. Furthermore, the one-year appreciation rate for houses is 8.53%, which is higher than the US rate of 8.27%. This means that home values have increased more quickly in Erving than in many other parts of the country. With a strong housing market and growing values, this area remains an attractive option for potential buyers.
The median home cost in Erving is $284,000. Home appreciation the last 10 years has been 65.4%. Home Appreciation in Erving is up 13.1%.
Average Age of Homes
- The median age of Erving real estate is 62 years old
The Rental Market in Erving
- Renters make up 20.9% of the Erving population
- 0.0% of houses and apartments in Erving, 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.