Barnstable, MA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Barnstable, MA Housing Market Trends

With a population of 44,477, 18,796 total housing units (homes and apartments), and a median house value of $504,589, real estate costs in Barnstable 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 Barnstable, accounting for 81.95% of the city's housing units. Other types of housing that are prevalent in Barnstable include large apartment complexes or high rise apartments ( 7.92%), duplexes, homes converted to apartments or other small apartment buildings ( 7.30%), and a few row houses and other attached homes ( 2.80%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Barnstable. Owner-occupied housing accounts for 74.11% of Barnstable's homes, and 61.44% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Barnstable built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Barnstable built between 1940-1969 ( 24.95%). A lesser amount of the housing stock also hails from before 1939 ( 13.21%). There's also some housing in Barnstable built between 2000 and later ( 7.32%).

Vacant housing appears to be an issue in Barnstable. Fully 28.79% of the housing stock is classified as vacant. Left unchecked, vacant Barnstable homes and apartments can be a drag on the real estate market, holding Barnstable real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Barnstable Home Appreciation Rates

Appreciation rates for homes in Barnstable have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 55.34%, which ranks in the top 40% nationwide. This equates to an annual average Barnstable house appreciation rate of 4.50%.

Appreciation rates are so strong in Barnstable that despite a nationwide downturn in the housing market, Barnstable real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Barnstable appreciation rates continue to be some of the highest in America, at 12.67%, which is higher than appreciation rates in 87.60% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Barnstable. Barnstable appreciation rates in the latest quarter were at 4.12%, which equates to an annual appreciation rate of 17.53%.

Importantly, this makes Barnstable one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Massachusetts, our data show that Barnstable's latest annual appreciation rate is higher than 80% of the other cities and towns in Massachusetts.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Barnstable differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Barnstable - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Barnstable real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$504,589

Barnstable, MA HOME PRICES

> $1,275,000
4.6%
4.6%
$956,001 - $1,275,000
5.6%
5.6%
$637,001 - $956,000
14.4%
14.4%
$510,001 - $637,000
17.1%
17.1%
$382,001 - $510,000
27.7%
27.7%
$255,001 - $382,000
22.1%
22.1%
$127,001 - $255,000
6.8%
6.8%
$64,001 - $127,000
0.6%
0.6%
$0 - $64,000
1.1%
1.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for MA

Value Relative To Nation

Number Of Homes And Apartments:
18,796

Barnstable Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
112.20% 3.56%
9
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,638 / per month

Homeownership Rate

Owners
74.1%
74.1%
Renters
25.9%
25.9%
Vacant
28.8%
28.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.3%
7.3%
1970 - 1999
54.5%
54.5%
1940 - 1969
24.9%
24.9%
1939 or Older
13.2%
13.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
81.9%
81.9%
Townhomes
2.8%
2.8%
Small Apt. Buildings
7.3%
7.3%
Apt. Complexes
7.9%
7.9%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.9%
1.9%
1 Bedroom
8.1%
8.1%
2 Bedrooms
22.8%
22.8%
3 Bedrooms
44.2%
44.2%
4 Bedrooms
17.2%
17.2%
5 or more bedrooms
5.8%
5.8%
0.0% 100.0%
% OF HOMES