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Woburn, MA Real Estate


According to census data in the year 2000 there were 15,391 housing units in Woburn. This represents a 9.1% growth from 14,105 in 1990.

Of those housing units, 15,391 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Woburn is about 61.2%. Woburn's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.47 people.

The majority of houses, apartments or condos in Woburn were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom17.40%
Two Bedrooms26.10%
Three Bedrooms37.60%
Four Bedrooms13.70%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1956
Median Value of occupied units$218,600
Median Price asked for vacant units$175,000

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1961
Median Monthly Rent asked for vacant units$934

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage4.70%
Home Equity Loan12%
Simple Mortgage50.70%
Debt Free32.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%