The housing market in Swampscott, MA is on the rise. The median value of homes is $667,700, which is significantly higher than the national median of $338,100. Over the past year, house appreciation in Swampscott has been 9.17%, which is higher than the national average of 8.27%. This suggests that buyers are increasingly interested in investing in housing in this area. It is likely that home values will continue to increase, making it an attractive option for anyone looking to purchase a home in the near future.
The median home cost in Swampscott is $667,700. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Swampscott is up 13.0%.
Average Age of Homes
- The median age of Swampscott real estate is 78 years old
The Rental Market in Swampscott
- Renters make up 23.3% of the Swampscott population
- 1.0% of houses and apartments in Swampscott, 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.