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 17,179, 7,588 total housing units (homes and apartments), and a median house value of $652,140, real estate costs in Amesbury 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 Amesbury, accounting for 48.43% of the city's housing units. Other types of housing that are prevalent in Amesbury include large apartment complexes or high rise apartments ( 26.18%), duplexes, homes converted to apartments or other small apartment buildings ( 15.37%), and a few row houses and other attached homes ( 10.02%).
Dwellings in Amesbury tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 54.36% of the homes in Amesbury have two or fewer bedrooms.
There is a lot of housing in Amesbury 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 Amesbury built before 1939 ( 36.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.52%). There's also some housing in Amesbury built between 2000 and later ( 10.12%).
Appreciation rates for homes in Amesbury have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.98%, which ranks in the top 30% nationwide. This equates to an annual average Amesbury house appreciation rate of 7.60%.
Appreciation rates are so strong in Amesbury that despite a nationwide downturn in the housing market, Amesbury real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Amesbury appreciation rates continue to be some of the highest in America, at 9.72%, which is higher than appreciation rates in 85.77% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Amesbury. Amesbury appreciation rates in the latest quarter were at 2.38%, which equates to an annual appreciation rate of 9.87%.
Relative to Massachusetts, our data show that Amesbury's latest annual appreciation rate is higher than 80% of the other cities and towns in Massachusetts.
$652,140
for Massachusetts
for nation
7,588
$2,923 / per month