The housing market in Northborough, MA is quite strong. The median value of homes there is $569,800, which is significantly higher than the US House Median Value of $338,100. In addition to this high value, the houses in Northborough have appreciated at a rate of 7.66%, slightly lower than the national average of 8.27%. This indicates that the area's housing market has remained strong and prosperous despite the nationwide trend. With its high values and appreciation rates, Northborough remains an attractive option for people looking to purchase or invest in property.
The median home cost in Northborough is $569,800. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Northborough is up 14.0%.
Average Age of Homes
- The median age of Northborough real estate is 43 years old
The Rental Market in Northborough
- Renters make up 16.8% of the Northborough population
- 0.1% of houses and apartments in Northborough, 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.