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 15,259 people, 5,701 houses or apartments, and a median cost of homes of $587,607, real estate costs in Whitman 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 Whitman, accounting for 59.21% of the town's housing units. Other types of housing that are prevalent in Whitman include duplexes, homes converted to apartments or other small apartment buildings ( 20.41%), large apartment complexes or high rise apartments ( 13.12%), and a few row houses and other attached homes ( 7.11%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Whitman. Owner-occupied housing accounts for 69.26% of Whitman's homes, and 56.16% have either three or four bedrooms, which is average sized relative to America.
The housing in Whitman was primarily built before 1939 ( 40.63%), making the housing stock in Whitman some of the oldest overall in America, although there is a range of ages of homes in Whitman. The next most important housing age is between 1940-1969 ( 26.25%), followed by between 1970-1999 ( 19.25%). There's also some housing in Whitman built between 2000 and later ( 13.87%).
Appreciation rates for homes in Whitman have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.59%, which ranks in the top 50% nationwide. This equates to an annual average Whitman house appreciation rate of 6.66%.
NeighborhoodScout's data show that during the latest twelve months, Whitman's appreciation rate, at 7.48%, has been at or slightly above the national average. In the latest quarter, Whitman's appreciation rate has been 2.38%, which annualizes to a rate of 9.87%.
Relative to Massachusetts, our data show that Whitman's latest annual appreciation rate is lower than 60% of the other cities and towns in Massachusetts.
$587,607
for Massachusetts
for nation
5,701
$2,491 / per month