The housing market in 01945 Marblehead, MA is doing exceptionally well. The median value of houses in this area is $878,500, which is significantly higher than the US median of $338,100. This suggests that the area is extremely desirable and houses are being sold for higher prices than other parts of the country. Furthermore, over the past year, the appreciation rate for housing in this area has been 9.17%, higher than the 8.27% national average. This shows that housing values are rising quickly and Marblehead remains an attractive option for potential homebuyers.
The median home cost in Marblehead (zip 01945) is $878,500. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Marblehead (zip 01945) is up 13.0%.
Average Age of Homes
- The median age of Marblehead (zip 01945) real estate is 74 years old
The Rental Market in Marblehead (zip 01945)
- Renters make up 18.6% of the Marblehead (zip 01945) population
- 1.2% of houses and apartments in Marblehead (zip 01945), 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.