New Marlborough, MA is a great place to invest in housing. The median value of homes in the area is substantially higher than the national average at $524,000. In the past year, the appreciation rate for homes has been 16.87%, which is more than double that of the US at 8.27%. This makes New Marlborough an attractive option for those looking to invest in appreciating real estate as it offers a higher return compared to other areas.
The median home cost in New Marlborough is $524,000. Home appreciation the last 10 years has been 59.1%. Home Appreciation in New Marlborough is up 14.6%.
Average Age of Homes
- The median age of New Marlborough real estate is 61 years old
The Rental Market in New Marlborough
- Renters make up 8.8% of the New Marlborough population
- 0.0% of houses and apartments in New Marlborough, 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.