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 18,466 people, 7,653 houses or apartments, and a median cost of homes of $787,767, real estate costs in Ashland 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 Ashland, accounting for 56.33% of the town's housing units. Other types of housing that are prevalent in Ashland include large apartment complexes or high rise apartments ( 15.08%), duplexes, homes converted to apartments or other small apartment buildings ( 14.97%), and a few row houses and other attached homes ( 13.61%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ashland. Owner-occupied housing accounts for 76.15% of Ashland's homes, and 49.17% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Ashland 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 Ashland built between 2000 and later ( 24.03%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.10%). There's also some housing in Ashland built before 1939 ( 13.20%).
Appreciation rates for homes in Ashland have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 89.92%, which ranks in the top 50% nationwide. This equates to an annual average Ashland house appreciation rate of 6.62%.
Appreciation rates are so strong in Ashland that despite a nationwide downturn in the housing market, Ashland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ashland appreciation rates continue to be some of the highest in America, at 8.93%, which is higher than appreciation rates in 80.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ashland. Ashland 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 Ashland's latest annual appreciation rate is higher than 70% 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 town. Individual neighborhoods within Ashland differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ashland - 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 Ashland real estate investment or home purchase decisions.
$787,767
for Massachusetts
for nation
7,653
$4,408 / per month