Zip 01071 (Russell, MA) Housing

The housing market in 01071 Russell, MA has a median value of $284,400 which is significantly lower than the US House median value of $338,100. Although the house appreciation rate for the entire United States is 8.27%, the house appreciation rate for Russell MA is slightly lower at 7.86%. This could be a great opportunity for buyers and investors looking to purchase or invest in properties in this area.

The median home cost in Russell (zip 01071) is $284,400. Home appreciation the last 10 years has been 59.8%. Home Appreciation in Russell (zip 01071) is up 11.2%.

Average Age of Homes

- The median age of Russell (zip 01071) real estate is 52 years old

The Rental Market in Russell (zip 01071)

- Renters make up 6.8% of the Russell (zip 01071) population
- 2.3% of houses and apartments in Russell (zip 01071), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Russell, Massachusetts	United States
	598.0	139,647,020.0
	54	42
	$284,400	$338,100
	11.2%	16.6%
	47.8%	57.0%
	59.8%	101.1%
	$16.86	$10.98
	$4,100	$2,690
	77.8%	57.4%
	13.4%	11.2%
	8.9%	31.4%
Vacant Housing
	2.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.5%	3.6%
	9.5%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	4.5%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	7.1%	11.3%
	15.5%	13.0%
	48.8%	20.1%
	13.5%	13.6%
	4.5%	8.3%
	1.5%	9.7%
	1.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.9%	13.6%
	5.9%	13.6%
	19.1%	13.6%
	11.7%	13.2%
	7.4%	14.8%
	19.1%	13.6%
	11.9%	10.0%
	1.7%	4.7%
	26.9%	12.2%

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