The housing market in 01801 Woburn, MA is quite strong compared to the US median value. The median house value in 01801 Woburn, MA is currently at around $591,300 whereas the US median house value is $338,100. This indicates that housing in 01801 Woburn, MA is about 75% higher than the US average. Furthermore, over the past year, both the national and local housing market have been experiencing healthy appreciation with an 8.27% increase nationally and 8.08% locally in 01801 Woburn, MA. These figures show that homeowners can expect their homes to appreciate significantly over time providing a sound investment opportunity for those looking to purchase property in this area.
The median home cost in Woburn (zip 01801) is $591,300. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Woburn (zip 01801) is up 12.9%.
Average Age of Homes
- The median age of Woburn (zip 01801) real estate is 55 years old
The Rental Market in Woburn (zip 01801)
- Renters make up 37.5% of the Woburn (zip 01801) population
- 1.9% of houses and apartments in Woburn (zip 01801), 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.