Dedham, MA Real Estate
According to census data in the year 2000 there were 8,933 housing units in Dedham.
This represents a 2.1% growth from 8,750 in 1990.
Of those housing units, 8,829 were located in either urbanized areas or urban clusters, and 104 were located in what is classified as a rural area.
Homeownership rate in Dedham is about 80%.
Dedham's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Dedham were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 8.30% |
| Two Bedrooms | 23.10% |
| Three Bedrooms | 45.80% |
| Four Bedrooms | 18% |
| Five Bedrooms or more | 4.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $223,200 |
| Median Price asked for vacant units | $213,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $803 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 7.10% |
| Simple Mortgage | 52.30% |
| Debt Free | 34.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
