Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 16,965, 6,237 total housing units (homes and apartments), and a median house value of $645,656, real estate costs in Abington are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Massachusetts communities.
Single-family detached homes are the single most common housing type in Abington, accounting for 65.04% of the town's housing units. Other types of housing that are prevalent in Abington include large apartment complexes or high rise apartments ( 16.74%), duplexes, homes converted to apartments or other small apartment buildings ( 11.25%), and a few row houses and other attached homes ( 6.97%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Abington. Owner-occupied housing accounts for 77.75% of Abington's homes, and 52.41% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Abington's housing was primarily built during this period, from the '40s through the '60s. A full 31.00% of the town's housing hails from this era. Other housing ages represented in Abington include homes built between 1970-1999 ( 27.63%) and housing constructed before 1939 ( 22.64%). There's also some housing in Abington built between 2000 and later ( 18.73%).
Appreciation rates for homes in Abington have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 92.37%, which ranks in the top 50% nationwide. This equates to an annual average Abington house appreciation rate of 6.76%.
NeighborhoodScout's data show that during the latest twelve months, Abington's appreciation rate, at 7.73%, has been at or slightly above the national average. In the latest quarter, Abington's appreciation rate has been 2.38%, which annualizes to a rate of 9.87%.
Relative to Massachusetts, our data show that Abington's latest annual appreciation rate is lower than 50% of the other cities and towns in Massachusetts.
$645,656
for Massachusetts
for nation
6,237
$3,315 / per month