The housing market in South Yarmouth, MA is flourishing. The median value of a home in the area is $397,100, which is significantly higher than the US median value of $338,100. In the last year alone, the appreciation rate for homes in South Yarmouth was 12.73%, much higher than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market in this Massachusetts town is booming and may be an attractive option for potential buyers or investors looking to purchase property.
The median home cost in South Yarmouth is $397,100. Home appreciation the last 10 years has been 91.5%. Home Appreciation in South Yarmouth is up 16.3%.
Average Age of Homes
- The median age of South Yarmouth real estate is 48 years old
The Rental Market in South Yarmouth
- Renters make up 18.1% of the South Yarmouth population
- 2.3% of houses and apartments in South Yarmouth, 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.