Millis, MA is a great place to invest in housing. The median value of homes in Millis is 566,700 which is significantly higher than the US median value of 338,100. In the last year, house appreciation has been 8.56% in Millis, higher than the national rate of 8.27%. This means that investing in housing in Millis will yield more returns than other areas across the US. Furthermore, with its close proximity to Boston and other major cities, Millis is an ideal location for those looking for a home near metropolitan areas.
The median home cost in Millis is $566,700. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Millis is up 11.8%.
Average Age of Homes
- The median age of Millis real estate is 43 years old
The Rental Market in Millis
- Renters make up 22.3% of the Millis population
- 0.0% of houses and apartments in Millis, 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.