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 8,387 people, 3,224 houses or apartments, and a median cost of homes of $416,465, Templeton real estate values are some of the lowest in Massachusetts, although compared to real estate around the nation, Templeton homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Templeton, accounting for 77.01% of the town's housing units. Other types of housing that are prevalent in Templeton include duplexes, homes converted to apartments or other small apartment buildings ( 9.67%), row houses and other attached homes ( 6.07%), and a few large apartment complexes or high rise apartments ( 5.02%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Templeton. Owner-occupied housing accounts for 83.72% of Templeton's homes, and 70.68% have either three or four bedrooms, which is average sized relative to America.
The housing in Templeton was primarily built before 1939 ( 29.03%), making the housing stock in Templeton some of the oldest overall in America, although there is a range of ages of homes in Templeton. The next most important housing age is between 2000 and later ( 26.57%), followed by between 1970-1999 ( 24.27%). There's also some housing in Templeton built between 1940-1969 ( 20.13%).
Real estate appreciation rates in Templeton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.66% during the period.
Over the last year, Templeton appreciation rates have trailed the rest of the nation. In the last twelve months, Templeton's appreciation rate has been 2.68%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Templeton were at -0.82%, which equates to an annual appreciation rate of -3.23%.
Relative to Massachusetts, our data show that Templeton's latest annual appreciation rate is lower than 80% of the other cities and towns in Massachusetts.
$416,465
for Massachusetts
for nation
3,224
$1,922 / per month