Leominster, MA has a median housing value of $394,200, which is significantly higher than the US median house value of $338,100. This is even more impressive when considering that the US experienced a 1 year house appreciation rate of 8.27%, whereas Leominster’s house appreciation rate was an impressive 11.08%. This shows that Leominster is experiencing an incredibly strong housing market despite the national average being lower.
The median home cost in Leominster is $394,200. Home appreciation the last 10 years has been 91.0%. Home Appreciation in Leominster is up 13.7%.
Average Age of Homes
- The median age of Leominster real estate is 51 years old
The Rental Market in Leominster
- Renters make up 42.7% of the Leominster population
- 0.4% of houses and apartments in Leominster, 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.