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Dedham, MA Real Estate


According to census data in the year 2000 there were 8,933 housing units in Dedham. This represents a 2.1% growth from 8,750 in 1990.

Of those housing units, 8,829 were located in either urbanized areas or urban clusters, and 104 were located in what is classified as a rural area.

Homeownership rate in Dedham is about 80%. Dedham's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Dedham were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom8.30%
Two Bedrooms23.10%
Three Bedrooms45.80%
Four Bedrooms18%
Five Bedrooms or more4.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1950
Median Value of occupied units$223,200
Median Price asked for vacant units$213,100

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1947
Median Monthly Rent asked for vacant units$803

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6.10%
Home Equity Loan7.10%
Simple Mortgage52.30%
Debt Free34.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%