The housing median value in 01450 Groton, MA is $644,000, which is significantly higher than the US house median value of $338,100. In the past year, the US house appreciation rate was 8.27%, while in Groton it registered at 11.08%. This means that the housing values in Groton have been increasing faster than the national average, making it an attractive option for potential homebuyers and investors. With higher housing values and appreciating rates, Groton is a great location to consider for those looking to purchase a new home or upgrade their current one.
The median home cost in Groton (zip 01450) is $644,000. Home appreciation the last 10 years has been 91.0%. Home Appreciation in Groton (zip 01450) is up 13.7%.
Average Age of Homes
- The median age of Groton (zip 01450) real estate is 36 years old
The Rental Market in Groton (zip 01450)
- Renters make up 14.4% of the Groton (zip 01450) population
- 0.7% of houses and apartments in Groton (zip 01450), 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.