The housing market in Southwick, MA is slightly behind the US average. The median value of a home in Southwick is $344,700 compared to the US median of $338,100. Although the appreciation rate for homes in Southwick last year was 7.86%, which is slightly lower than the national average of 8.27%, it still reflects healthy growth in the local market. It appears that Southwick is a great place to invest in residential property since there are promising returns even if they are not at par with the US on average.
The median home cost in Southwick is $344,700. Home appreciation the last 10 years has been 59.8%. Home Appreciation in Southwick is up 11.2%.
Average Age of Homes
- The median age of Southwick real estate is 38 years old
The Rental Market in Southwick
- Renters make up 16.1% of the Southwick population
- 0.7% of houses and apartments in Southwick, 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.