menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Haverhill, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Haverhill, MA Housing Market Trends

With 67,153 people, 25,976 houses or apartments, and a median cost of homes of $516,728, Haverhill real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Haverhill, accounting for 41.00% of the city's housing units. Other types of housing that are prevalent in Haverhill include duplexes, homes converted to apartments or other small apartment buildings ( 25.58%), large apartment complexes or high rise apartments ( 21.09%), and a few row houses and other attached homes ( 12.25%).

The most prevalent building size and type in Haverhill are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.10% owning and 40.90% renting.

The housing in Haverhill was primarily built before 1939 ( 37.02%), making the housing stock in Haverhill some of the oldest overall in America, although there is a range of ages of homes in Haverhill. The next most important housing age is between 1970-1999 ( 34.39%), followed by between 1940-1969 ( 18.09%). There's also some housing in Haverhill built between 2000 and later ( 10.51%).

Haverhill Home Appreciation Rates

Appreciation rates for homes in Haverhill have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.60%, which ranks in the top 30% nationwide. This equates to an annual average Haverhill house appreciation rate of 7.32%.

NeighborhoodScout's data show that during the latest twelve months, Haverhill's appreciation rate, at 6.13%, has been at or slightly above the national average. In the latest quarter, Haverhill's appreciation rate has been 1.11%, which annualizes to a rate of 4.52%.

Relative to Massachusetts, our data show that Haverhill's latest annual appreciation rate is lower than 60% 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 Haverhill differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Haverhill - 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 Haverhill real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$516,728

Haverhill, MA Home Prices
> $1,298,000
$973,001 - $1,298,000
$649,001 - $973,000
$519,001 - $649,000
$389,001 - $519,000
$259,001 - $389,000
$130,001 - $259,000
$65,001 - $130,000
$0 - $65,000
1.9%
1.9%
2.4%
2.4%
16.2%
16.2%
26.7%
26.7%
24.8%
24.8%
18.6%
18.6%
5.0%
5.0%
2.4%
2.4%
2.0%
2.0%
0% 100.0%
% of Homes
Low

for Massachusetts

Very High

for nation

Number of Homes And Apartments:

25,976

Haverhill Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,852 / per month

Homeownership Rate

Owners
Renters
59.1%
59.1%
40.9%
40.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.6%
4.6%
95.4%
95.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.5%
10.5%
34.4%
34.4%
18.1%
18.1%
37.0%
37.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
41.0%
41.0%
12.3%
12.3%
25.6%
25.6%
21.1%
21.1%
0.1%
0.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.3%
2.3%
14.7%
14.7%
30.8%
30.8%
35.4%
35.4%
12.8%
12.8%
3.9%
3.9%
0% 100.0%
% of Homes