Norwell, MA is an affluent suburb with a notable median housing value of $812,200, which is significantly higher than the US median house value of $338,100. The one year appreciation for houses in Norwell is also higher at 8.56%, compared to the US rate of 8.27%. This reflects the strong demand for housing in Norwell and suggests that this trend of high values and appreciation will likely continue into the future.
The median home cost in Norwell is $812,200. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Norwell is up 11.8%.
Average Age of Homes
- The median age of Norwell real estate is 48 years old
The Rental Market in Norwell
- Renters make up 8.1% of the Norwell population
- 0.0% of houses and apartments in Norwell, 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.