Brockton, 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

Brockton, MA Housing Market Trends

With 95,708 people, 31,817 houses or apartments, and a median cost of homes of $337,955, Brockton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Brockton, accounting for 47.36% of the city's housing units. Other types of housing that are prevalent in Brockton include duplexes, homes converted to apartments or other small apartment buildings ( 28.38%), large apartment complexes or high rise apartments ( 21.10%), and a few row houses and other attached homes ( 2.93%).

The most prevalent building size and type in Brockton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.07% owning and 45.93% renting.

The housing in Brockton was primarily built before 1939 ( 37.70%), making the housing stock in Brockton some of the oldest overall in America, although there is a range of ages of homes in Brockton. The next most important housing age is between 1940-1969 ( 31.33%), followed by between 1970-1999 ( 26.22%). There's also some housing in Brockton built between 2000 and later ( 4.75%).

Brockton Home Appreciation Rates

In the last 10 years, Brockton has experienced some of the highest home appreciation rates of any community in the nation. Brockton real estate appreciated 84.63% over the last ten years, which is an average annual home appreciation rate of 6.32%, putting Brockton in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brockton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Brockton's appreciation rate, at 9.92%, has been at or slightly above the national average. In the latest quarter, Brockton's appreciation rate has been 3.07%, which annualizes to a rate of 12.84%.

Relative to Massachusetts, our data show that Brockton's latest annual appreciation rate is lower than 50% 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 Brockton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brockton - 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 Brockton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$337,955

Brockton, MA HOME PRICES

> $1,321,000
0.5%
0.5%
$991,001 - $1,321,000
0.4%
0.4%
$660,001 - $991,000
2.7%
2.7%
$528,001 - $660,000
4.0%
4.0%
$396,001 - $528,000
25.1%
25.1%
$264,001 - $396,000
45.2%
45.2%
$132,001 - $264,000
18.9%
18.9%
$66,001 - $132,000
1.3%
1.3%
$0 - $66,000
1.9%
1.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Low for MA

Value Relative To Nation

Number Of Homes And Apartments:
31,817

Brockton 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
117.66% 3.68%
9
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,273 / per month

Homeownership Rate

Owners
54.1%
54.1%
Renters
45.9%
45.9%
Vacant
6.0%
6.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
4.7%
4.7%
1970 - 1999
26.2%
26.2%
1940 - 1969
31.3%
31.3%
1939 or Older
37.7%
37.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
47.4%
47.4%
Townhomes
2.9%
2.9%
Small Apt. Buildings
28.4%
28.4%
Apt. Complexes
21.1%
21.1%
Mobile Homes
0.2%
0.2%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.1%
2.1%
1 Bedroom
14.8%
14.8%
2 Bedrooms
25.3%
25.3%
3 Bedrooms
41.6%
41.6%
4 Bedrooms
12.6%
12.6%
5 or more bedrooms
3.5%
3.5%
0.0% 100.0%
% OF HOMES