01950 Newburyport, MA is a great place to live due to its high median home value of $757,900. This is significantly higher than the US median house value of $338,100 and indicates that it is a more affluent area. Additionally, the 1 year house appreciation in 01950 Newburyport, MA is 9.17%, which is higher than the national average of 8.27% - indicating that property values are increasing at an above-average rate and that housing demand in this area remains strong. With such favorable market forces at play, 01950 Newburyport, MA has become an increasingly desirable location for those looking to invest in housing or make it their permanent home.
The median home cost in Newburyport (zip 01950) is $757,900. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Newburyport (zip 01950) is up 13.0%.
Average Age of Homes
- The median age of Newburyport (zip 01950) real estate is 72 years old
The Rental Market in Newburyport (zip 01950)
- Renters make up 26.5% of the Newburyport (zip 01950) population
- 0.7% of houses and apartments in Newburyport (zip 01950), 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.