Southbridge Town, MA is a great place to live for those looking for affordable housing. The median value of homes in the area is $234,500, which is much lower than the US median house value of $338,100. Despite this difference, Southbridge Town still saw an increase in housing appreciation over the past year at 7.66%, just slightly below the national average of 8.27%. Those looking for a low-cost place to call home should certainly consider Southbridge Town as a potential option.
The median home cost in Southbridge Town is $234,500. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Southbridge Town is up 14.0%.
Average Age of Homes
- The median age of Southbridge Town real estate is 69 years old
The Rental Market in Southbridge Town
- Renters make up 49.1% of the Southbridge Town population
- 1.4% of houses and apartments in Southbridge Town, 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.