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Braintree, MA Real Estate


According to census data in the year 2000 there were 12,925 housing units in Braintree. This represents a 6.2% growth from 12,171 in 1990.

Of those housing units, 12,925 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Braintree is about 77.5%. Braintree's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Braintree were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom10.50%
Two Bedrooms22.10%
Three Bedrooms43.60%
Four Bedrooms18.50%
Five Bedrooms or more4.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1953
Median Value of occupied units$212,000
Median Price asked for vacant units$185,300

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1965
Median Monthly Rent asked for vacant units$669

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage4.20%
Home Equity Loan10.10%
Simple Mortgage51.80%
Debt Free33.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18%