The housing market in Newbury, MA is booming. The median value of a home in Newbury is significantly higher than the US median value of $338,100 at $769,300. Furthermore, the one year house appreciation in Newbury has been higher than the US average of 8.27%, clocking in at 9.17%. This indicates that home values are quickly rising in Newbury, making it an attractive place to live for those looking to invest in real estate and make a profit from their investment.
The median home cost in Newbury is $769,300. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Newbury is up 13.0%.
Average Age of Homes
- The median age of Newbury real estate is 45 years old
The Rental Market in Newbury
- Renters make up 15.5% of the Newbury population
- 0.0% of houses and apartments in Newbury, 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.