Methuen, MA Real Estate

According to census data in the year 2000 there were 16,885 housing units in Methuen.

Of those housing units, 16,885 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Methuen is about 71.9%. Methuen's vacancy rate, including seasonal lodging, is about 2.1%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Methuen were built after 1961.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom10.20%
Two Bedrooms27.80%
Three Bedrooms43.60%
Four Bedrooms15%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1962
Median Value of occupied units$159,000
Median Price asked for vacant units$159,100

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1957
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage5.60%
Home Equity Loan9.60%
Simple Mortgage55%
Debt Free29.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%