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 7,757, 2,862 total housing units (homes and apartments), and a median house value of $585,342, real estate costs in West Boylston 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 West Boylston, accounting for 69.59% of the town's housing units. Other types of housing that are prevalent in West Boylston include row houses and other attached homes ( 12.05%), large apartment complexes or high rise apartments ( 9.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.70%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Boylston. Owner-occupied housing accounts for 68.71% of West Boylston's homes, and 66.76% 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. West Boylston's housing was primarily built during this period, from the '40s through the '60s. A full 38.57% of the town's housing hails from this era. Other housing ages represented in West Boylston include homes built between 1970-1999 ( 23.96%) and housing constructed between 2000 and later ( 20.51%). There's also some housing in West Boylston built before 1939 ( 16.96%).
Appreciation rates for homes in West Boylston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 96.13%, which ranks in the top 40% nationwide. This equates to an annual average West Boylston house appreciation rate of 6.97%.
NeighborhoodScout's data show that during the latest twelve months, West Boylston's appreciation rate, at 7.77%, has been at or slightly above the national average. In the latest quarter, West Boylston's appreciation rate has been 3.22%, which annualizes to a rate of 13.53%.
Importantly, this makes West Boylston one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Massachusetts, our data show that West Boylston's latest annual appreciation rate is lower than 50% of the other cities and towns in Massachusetts.
$585,342
for Massachusetts
for nation
2,862
$2,257 / per month