Auburn, MA (01501) has a median housing value of $381,300, which is slightly higher than the US median housing value of $338,100. The US 1 year house appreciation rate is 8.27% and Auburn has experienced a 1 year house appreciation rate of 7.66%, indicating that the housing market in 01501 area is stable and on the rise. This trend can be attributed to its proximity to major cities like Boston, which provides access to employment opportunities and amenities that attract people looking for an affordable home in the greater region. Additionally, Auburn residents benefit from relatively low taxes compared to other communities in Massachusetts. All in all, Auburn is a great place for those looking for an affordable and stable home in Massachusetts.
The median home cost in Auburn (zip 01501) is $381,300. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Auburn (zip 01501) is up 14.0%.
Average Age of Homes
- The median age of Auburn (zip 01501) real estate is 56 years old
The Rental Market in Auburn (zip 01501)
- Renters make up 14.0% of the Auburn (zip 01501) population
- 0.3% of houses and apartments in Auburn (zip 01501), 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.