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Massachusetts Housing

 
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As of 2010-2014, median price of a house in Massachusetts is $329,900, which is much higher than the national average of $175,700. The Massachusetts median house value has grown by 77.65% since 2000. The growth rate for the price of a house in Massachusetts is higher than the national average rate of 46.91%. The median year that a house in Massachusetts was built is 1959, which 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 1,580,938 Owner Occupied Houses in Massachusetts, #4
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #14
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

 Massachusetts%U.S.
Total Housing Units2,816,875, see rank100%132,741,033
Occupied Housing Units2,538,48590.12%, see rank87.55%
Owner Occupied1,580,93856.12%, see rank56.34%
Renter Occupied957,54733.99%, see rank31.21%
Vacant Housing Units278,3909.88%, see rank12.45%
For Rent46,9521.67%, see rank2.34%
For Sale Only20,9850.74%, see rank1.20%
Rented or Sold, Not Occupied21,8160.77%, see rank0.92%
For Seasonal, Recreational, or Occasional Use120,7964.29%, see rank3.97%
For Migrant Workers1530.01%, see rank0.03%
Other Vacant67,6882.40%, see rank4.00%

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

Year Structure Built

Median Built Year, #48
MassachusettsU.S.
19591976

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

 Massachusetts%U.S.
Owner-Occupied Units1,580,938100%74,787,460
With a Mortgage1,125,26271.18%, see rank65.58%
Without a Mortgage455,67628.82%, see rank34.42%

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

Monthly Owner Costs for Housing Units with a Mortgage


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

Owner Costs Distribution
Monthly Owner CostsMassachusetts%U.S.
$299 or Less1,0060.09%, see rank0.20%
$300 to $4995,5360.49%, see rank1.59%
$500 to $69916,5221.47%, see rank5.01%
$700 to $99953,3444.74%, see rank14.32%
$1,000 to $1,499185,01516.44%, see rank27.90%
$1,500 to $1,999257,04622.84%, see rank20.35%
$2,000 to $2,999391,88934.83%, see rank19.52%
$3,000 or More214,90419.10%, see rank11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
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
 Massachusetts%U.S.
10% or Less59,4995.29%, see rank5.86%
10% to 20%329,09329.25%, see rank31.95%
20% to 30%330,76929.39%, see rank27.64%
30% to 40%166,92914.83%, see rank13.74%
40% or More234,75520.86%, see rank20.29%

*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
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMassachusetts%U.S.
$199 or Less7,1611.57%, see rank7.76%
$200 to $29911,1472.45%, see rank14.70%
$300 to $49974,11716.27%, see rank34.63%
$500 to $699131,74728.91%, see rank21.16%
$700 or More231,50450.80%, see rank21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
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
 Massachusetts%U.S.
10% or Less143,63631.52%, see rank40.19%
10% to 20%143,63631.52%, see rank31.47%
20% to 30%66,77914.65%, see rank12.24%
30% to 40%35,8207.86%, see rank5.64%
40% or More61,09613.41%, see rank9.16%

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

Units in Structure

 Massachusetts%U.S.
Total Housing Units2,816,875100%132,741,033
1-unit, Detached1,471,67552.24%, see rank61.65%
1-unit, Attached146,2155.19%, see rank5.82%
2 Units286,19310.16%, see rank3.75%
3 or 4 Units308,15010.94%, see rank4.43%
5 to 9 Units167,4675.95%, see rank4.78%
10 or More Units412,61914.65%, see rank13.08%
Mobile Home, Boat, RV, Van, etc.24,5560.87%, see rank6.49%

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

Rooms

 Massachusetts%U.S.
Total Housing Units2,816,875100%132,741,033
1 Room65,5862.33%, see rank1.95%
2 Rooms85,1323.02%, see rank2.48%
3 Rooms282,50410.03%, see rank9.13%
4 Rooms444,25115.77%, see rank16.60%
5 Rooms514,33518.26%, see rank20.41%
6 Rooms496,53917.63%, see rank18.06%
7 Rooms344,44112.23%, see rank12.27%
8 Rooms261,5179.28%, see rank8.48%
9 Rooms or More322,57011.45%, see rank10.60%
Median Rooms5.50, see rank-5.50

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

Bedrooms

 Massachusetts%U.S.
Total Housing Units2,816,875100%132,741,033
No Bedroom72,0572.56%, see rank2.17%
1 Bedroom396,74914.08%, see rank11.16%
2 Bedrooms794,11728.19%, see rank26.69%
3 Bedrooms977,97334.72%, see rank39.70%
4 Bedrooms450,63416.00%, see rank16.05%
5 or More Bedrooms125,3454.45%, see rank4.22%

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

House Heating Fuel

 Massachusetts%U.S.
Total Housing Units2,538,485100%116,211,092
Utility Gas1,261,56149.70%, see rank48.85%
Bottled, Tank, or LP Gas72,7052.86%, see rank4.86%
Electricity361,11414.23%, see rank36.68%
Fuel Oil, Kerosene, etc.770,79130.36%, see rank5.86%
Coal or Coke3,2260.13%, see rank0.12%
Wood42,8141.69%, see rank2.12%
Solar Energy8880.03%, see rank0.05%
Other Fuel16,5700.65%, see rank0.47%
No Fuel Used8,8160.35%, see rank1.00%

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

Gross Rent

Monthly RentalMassachusetts%U.S.
Occupied Units Paying Rent924,809100%39,201,928
$199 or Less19,0982.07%, see rank1.50%
$200 to $29953,0415.74%, see rank3.18%
$300 to $49971,1457.69%, see rank7.37%
$500 to $69974,6208.07%, see rank16.01%
$700 to $999185,68520.08%, see rank29.17%
$1,000 to $1,499290,55331.42%, see rank26.88%
$1,500 to $1,999144,95915.67%, see rank9.79%
$2,000 or More85,7089.27%, see rank6.10%
Median$1,088, see rank-$920

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

Vehicle Available

 Massachusetts%U.S.
Occupied Housing Units2,538,485100%116,211,092
No Vehicles Available319,21312.57%, see rank9.12%
1 Vehicles Available915,63136.07%, see rank33.80%
2 Vehicles Available926,81336.51%, see rank37.48%
3 or More Vehicles Available376,82814.84%, see rank19.61%

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


 
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