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 18,965, 6,323 total housing units (homes and apartments), and a median house value of $1,210,632, Sudbury house prices are not only among the most expensive in Massachusetts, Sudbury real estate also is some of the most expensive in all of America.
Sudbury is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Sudbury than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sudbury. Owner-occupied housing accounts for 91.20% of Sudbury's homes, and 72.26% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Sudbury's housing was primarily built during this period, from the '40s through the '60s. A full 38.36% of the town's housing hails from this era. Other housing ages represented in Sudbury include homes built between 1970-1999 ( 34.06%) and housing constructed between 2000 and later ( 21.35%). There's also some housing in Sudbury built before 1939 ( 6.23%).
Sudbury's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sudbury during the period has been just 5.18%, which is lower than 80% of US communities.
Appreciation rates are so strong in Sudbury that despite a nationwide downturn in the housing market, Sudbury real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sudbury appreciation rates continue to be some of the highest in America, at 9.83%, which is higher than appreciation rates in 86.47% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sudbury. Sudbury 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 Sudbury's latest annual appreciation rate is higher than 80% of the other cities and towns in Massachusetts.
$1,210,632
for Massachusetts
for nation
6,323
$6,101 / per month