The housing market in Lunenburg, MA is thriving. The median value of homes in Lunenburg currently stands at $440,700, significantly higher than the US national median value of $338,100. This high median value is reflective of the strong 1 year house appreciation rate of 11.08%, compared to the US average of 8.27%. In other words, houses in Lunenburg have seen a greater increase in value than those across the country as a whole. It is clear that people are attracted to Lunenburg for its robust housing market and potential for appreciation.
The median home cost in Lunenburg is $440,700. Home appreciation the last 10 years has been 91.0%. Home Appreciation in Lunenburg is up 13.7%.
Average Age of Homes
- The median age of Lunenburg real estate is 46 years old
The Rental Market in Lunenburg
- Renters make up 18.2% of the Lunenburg population
- 1.1% of houses and apartments in Lunenburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.