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Framingham, MA Housing

 
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As of 2010-2014, median price of a house in Framingham is $344,400, which is about the same as the state average of $329,900 and is much higher than the national average of $175,700. The Framingham median house value has grown by 58.93% since 2000. The growth rate for the price of a house in Framingham is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in Framingham was built is 1960, which is about the same as the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 14,833 Owner Occupied Houses in Framingham, MA, #101
Framingham, MA
344,400 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #182
Framingham, MA
58.93%
Massachusetts
77.65%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Framingham, MAMassachusettsU.S.
Total Housing Units27,550, see rank, 100%2,816,875132,741,033
Occupied Housing Units26,724, 97.00%, see rank90.12%87.55%
Owner Occupied14,833, 53.84%, see rank56.12%56.34%
Renter Occupied11,891, 43.16%, see rank33.99%31.21%
Vacant Housing Units826, 3.00%, see rank9.88%12.45%
For Rent253, 0.92%, see rank1.67%2.34%
For Sale Only23, 0.08%, see rank0.74%1.20%
Rented or Sold, Not Occupied47, 0.17%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use19, 0.07%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant484, 1.76%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #104
Framingham, MAMassachusettsU.S.
196019591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Framingham, MA%MassachusettsU.S.
Owner-Occupied Units14,833100%1,580,93874,787,460
With a Mortgage10,80372.83%, see rank71.18%65.58%
Without a Mortgage4,03027.17%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Framingham, MA
2,219 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFramingham, MA%MassachusettsU.S.
$299 or Less110.10%, see rank0.09%0.20%
$300 to $49950.05%, see rank0.49%1.59%
$500 to $699820.76%, see rank1.47%5.01%
$700 to $9993533.27%, see rank4.74%14.32%
$1,000 to $1,4991,25611.63%, see rank16.44%27.90%
$1,500 to $1,9992,51423.27%, see rank22.84%20.35%
$2,000 to $2,9994,48241.49%, see rank34.83%19.52%
$3,000 or More2,10019.44%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Framingham, MA
24.60% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Framingham, MA%MassachusettsU.S.
10% or Less4384.05%, see rank5.29%5.86%
10% to 20%3,21329.74%, see rank29.25%31.95%
20% to 30%3,31730.70%, see rank29.39%27.64%
30% to 40%1,74116.12%, see rank14.83%13.74%
40% or More2,08119.26%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Framingham, MA
828 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFramingham, MA%MassachusettsU.S.
$199 or Less681.69%, see rank1.57%7.76%
$200 to $299421.04%, see rank2.45%14.70%
$300 to $4991744.32%, see rank16.27%34.63%
$500 to $69998724.49%, see rank28.91%21.16%
$700 or More2,75968.46%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Framingham, MA
15.70% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Framingham, MA%MassachusettsU.S.
10% or Less1,20529.90%, see rank31.52%40.19%
10% to 20%1,33033.00%, see rank31.52%31.47%
20% to 30%61315.21%, see rank14.65%12.24%
30% to 40%1774.39%, see rank7.86%5.64%
40% or More68416.97%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Framingham, MAMassachusettsU.S.
Total Housing Units27,550, 100%2,816,875132,741,033
1-unit, Detached13,919, 50.52%, see rank52.24%61.65%
1-unit, Attached1,154, 4.19%, see rank5.19%5.82%
2 Units1,934, 7.02%, see rank10.16%3.75%
3 or 4 Units2,130, 7.73%, see rank10.94%4.43%
5 to 9 Units1,687, 6.12%, see rank5.95%4.78%
10 or More Units6,714, 24.37%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.12, 0.04%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Framingham, MAMassachusettsU.S.
Total Housing Units27,550, 100%2,816,875132,741,033
1 Room1,111, 4.03%, see rank2.33%1.95%
2 Rooms1,016, 3.69%, see rank3.02%2.48%
3 Rooms3,943, 14.31%, see rank10.03%9.13%
4 Rooms4,455, 16.17%, see rank15.77%16.60%
5 Rooms3,209, 11.65%, see rank18.26%20.41%
6 Rooms4,126, 14.98%, see rank17.63%18.06%
7 Rooms3,716, 13.49%, see rank12.23%12.27%
8 Rooms2,896, 10.51%, see rank9.28%8.48%
9 Rooms or More3,078, 11.17%, see rank11.45%10.60%
Median Rooms5.50, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Framingham, MAMassachusettsU.S.
Total Housing Units27,550, 100%2,816,875132,741,033
No Bedroom1,181, 4.29%, see rank2.56%2.17%
1 Bedroom5,129, 18.62%, see rank14.08%11.16%
2 Bedrooms6,704, 24.33%, see rank28.19%26.69%
3 Bedrooms8,631, 31.33%, see rank34.72%39.70%
4 Bedrooms4,952, 17.97%, see rank16.00%16.05%
5 or More Bedrooms953, 3.46%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Framingham, MAMassachusettsU.S.
Total Housing Units26,724, 100%2,538,485116,211,092
Utility Gas12,114, 45.33%, see rank49.70%48.85%
Bottled, Tank, or LP Gas189, 0.71%, see rank2.86%4.86%
Electricity7,061, 26.42%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.7,152, 26.76%, see rank30.36%5.86%
Coal or Coke0, 0.00%, see rank0.13%0.12%
Wood39, 0.15%, see rank1.69%2.12%
Solar Energy10, 0.04%, see rank0.03%0.05%
Other Fuel68, 0.25%, see rank0.65%0.47%
No Fuel Used91, 0.34%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFramingham, MAMassachusettsU.S.
Occupied Units Paying Rent11,642, 100%924,80939,201,928
$199 or Less194, 1.67%, see rank2.07%1.50%
$200 to $299609, 5.23%, see rank5.74%3.18%
$300 to $499821, 7.05%, see rank7.69%7.37%
$500 to $699728, 6.25%, see rank8.07%16.01%
$700 to $9992,044, 17.56%, see rank20.08%29.17%
$1,000 to $1,4994,670, 40.11%, see rank31.42%26.88%
$1,500 to $1,9992,034, 17.47%, see rank15.67%9.79%
$2,000 or More542, 4.66%, see rank9.27%6.10%
Median$1,147, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Framingham, MAMassachusettsU.S.
Occupied Housing Units26,724, 100%2,538,485116,211,092
No Vehicles Available2,520, 9.43%, see rank12.57%9.12%
1 Vehicles Available10,124, 37.88%, see rank36.07%33.80%
2 Vehicles Available10,659, 39.89%, see rank36.51%37.48%
3 or More Vehicles Available3,421, 12.80%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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