Massachusetts Real Estate
According to census data in the year 2000 there were 2,621,989 housing units in Massachusetts.
This represents a 6% from 2,472,711 in 1990.
Of those housing units, 2,389,267 were located in either urbanized areas or urban clusters, and 232,722 were located in what is classified as a rural area.
Homeownership rate in Massachusetts is about 61.7%.
Massachusetts's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Massachusetts were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||4.1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.74|
|Median year structure was built||1958|
|Median Value of occupied units||$185,700|
|Median Price asked for vacant units||$160,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.13|
|Median year structure was built||1951|
|Median Monthly Rent asked for vacant units||$578|
Owners Finance Status
|Second Mortgage & Equity Loan||0.1%|
|Home Equity Loan||10.6%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.5%|
Cities & Towns