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 8,346 people, 3,107 houses or apartments, and a median cost of homes of $1,534,424, Cohasset house prices are not only among the most expensive in Massachusetts, Cohasset real estate also is some of the most expensive in all of America.
Cohasset is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Cohasset than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cohasset. Owner-occupied housing accounts for 78.90% of Cohasset's homes, and 56.81% have either three or four bedrooms, which is average sized relative to America.
The housing in Cohasset was primarily built before 1939 ( 34.98%), making the housing stock in Cohasset some of the oldest overall in America, although there is a range of ages of homes in Cohasset. The next most important housing age is between 1970-1999 ( 25.17%), followed by between 1940-1969 ( 22.74%). There's also some housing in Cohasset built between 2000 and later ( 17.11%).
Real estate appreciation rates in Cohasset's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.06% during the period.
Appreciation rates are so strong in Cohasset that despite a nationwide downturn in the housing market, Cohasset real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cohasset appreciation rates continue to be some of the highest in America, at 9.64%, which is higher than appreciation rates in 85.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cohasset. Cohasset appreciation rates in the latest quarter were at 2.38%, which equates to an annual appreciation rate of 9.87%.
Relative to Massachusetts, our data show that Cohasset's latest annual appreciation rate is higher than 80% of the other cities and towns in Massachusetts.
$1,534,424
for Massachusetts
for nation
3,107
$5,209 / per month