Weston, 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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Weston, MA Housing Market Trends

With 12,124 people, 3,787 houses or apartments, and a median cost of homes of $1,603,081, Weston house prices are not only among the most expensive in Massachusetts, Weston real estate also is some of the most expensive in all of America.

Weston is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Weston than is found in 98% of the communities in America.

The large homes that make up Weston are primarily owner-occupied ( 79.95%).

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. Weston's housing was primarily built during this period, from the '40s through the '60s. A full 42.18% of the town's housing hails from this era. Other housing ages represented in Weston include homes built before 1939 ( 27.55%) and housing constructed between 1970-1999 ( 16.62%). There's also some housing in Weston built between 2000 and later ( 13.65%).

Weston Home Appreciation Rates

Real estate appreciation rates in Weston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.02% during the period.

Over the last year, Weston appreciation rates have trailed the rest of the nation. In the last twelve months, Weston's appreciation rate has been 4.88%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Weston were at 3.05%, which equates to an annual appreciation rate of 12.76%.

Relative to Massachusetts, our data show that Weston's latest annual appreciation rate is lower than 90% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$1,603,081

Weston, MA HOME PRICES

> $1,061,000
73.6%
73.6%
$796,001 - $1,061,000
16.5%
16.5%
$531,001 - $796,000
7.5%
7.5%
$424,001 - $531,000
0.3%
0.3%
$318,001 - $424,000
0.0%
0.0%
$212,001 - $318,000
0.7%
0.7%
$106,001 - $212,000
0.9%
0.9%
$53,001 - $106,000
0.0%
0.0%
$0 - $53,000
0.5%
0.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for MA

Value Relative To Nation

Number Of Homes And Apartments:
3,787

Weston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
51.53% 1.95%
1
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,309 / per month

Homeownership Rate

Owners
79.9%
79.9%
Renters
20.1%
20.1%
Vacant
4.5%
4.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
13.6%
13.6%
1970 - 1999
16.6%
16.6%
1940 - 1969
42.2%
42.2%
1939 or Older
27.5%
27.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
85.7%
85.7%
Townhomes
2.7%
2.7%
Small Apt. Buildings
5.1%
5.1%
Apt. Complexes
6.2%
6.2%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.0%
2.0%
1 Bedroom
3.9%
3.9%
2 Bedrooms
7.3%
7.3%
3 Bedrooms
19.2%
19.2%
4 Bedrooms
38.7%
38.7%
5 or more bedrooms
28.8%
28.8%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Weston

Zip Codes in Weston, MA