Zip 01550 (Southbridge Town, MA) Housing

The housing market in 01550 Southbridge Town, MA is strong, with the median value of homes at $300,300. This value is lower than the US median home value of $338,100, however the appreciation rate for homes in 01550 Southbridge Town is still positive at 7.66%, which is just slightly lower than the US average of 8.27%. This indicates that the housing market in this area is still quite healthy and stable.

The median home cost in Southbridge Town (zip 01550) is $300,300. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Southbridge Town (zip 01550) is up 14.0%.

Average Age of Homes

- The median age of Southbridge Town (zip 01550) real estate is 69 years old

The Rental Market in Southbridge Town (zip 01550)

- Renters make up 49.1% of the Southbridge Town (zip 01550) population
- 1.4% of houses and apartments in Southbridge Town (zip 01550), 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	Southbridge Town, Massachusetts	United States
	7,652.0	139,647,020.0
	72	42
	$300,300	$338,100
	14.0%	16.6%
	52.3%	57.0%
	81.1%	101.1%
	$16.89	$10.98
	$3,765	$2,690
	42.7%	57.4%
	7.3%	11.2%
	50.0%	31.4%
Vacant Housing
	1.4%	1.9%
	0.4%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.0%	2.4%
	0.3%	2.8%
	0.6%	3.9%
	1.0%	4.5%
	8.4%	11.3%
	24.6%	13.0%
	47.0%	20.1%
	10.4%	13.6%
	1.1%	8.3%
	3.9%	9.7%
	1.2%	3.9%
	0.0%	2.2%
	0.5%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.8%	13.6%
	3.8%	13.6%
	7.0%	13.6%
	9.6%	13.2%
	8.2%	14.8%
	7.0%	13.6%
	10.3%	10.0%
	12.2%	4.7%
	38.5%	12.2%

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