The housing market in 01229 Glendale, MA is quite strong. According to the data provided, the median value of a house in 01229 Glendale is $1,018,200, significantly higher than the US median value of $338,100. Additionally, while the US has seen an appreciation of 8.27% in housing prices over the last year, the appreciation rate for 01229 Glendale was 16.87%, which shows that there is high demand for housing in this area. This is due to its proximity to Boston and Cambridge and its appeal as a desirable place to live.
The median home cost in Glendale (zip 01229) is $1,018,200. Home appreciation the last 10 years has been 59.1%. Home Appreciation in Glendale (zip 01229) is up 14.6%.
Average Age of Homes
- The median age of Glendale (zip 01229) real estate is 78 years old
The Rental Market in Glendale (zip 01229)
- Renters make up 12.8% of the Glendale (zip 01229) population
- 7.6% of houses and apartments in Glendale (zip 01229), 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.