Braintree Town, Massachusetts Housing Market Prices
Braintree Town Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 24% above the Massachusetts median$612,500
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Median rent 15% above the Massachusetts median$2,024
Housing Market Overview
| Metric | Braintree Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $612,500 | $494,523 | $248,835 |
| Price Trend (Annual %) | 7.4% | 6.6% | 7.5% |
| Median Gross Rent | $2,024 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 5.3% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Braintree Town is about 24% higher than in Massachusetts. Rent is about 15% higher than the Massachusetts average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Braintree Town, up about 7.4% and 5.3% a year respectively. Home prices are changing faster.
Median rent in Braintree Town rose about 53.8% between 2015 and 2024, from $1,316 to $2,024. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 5.0 yearly household incomes in Braintree Town.
Buying the median-priced home in Braintree Town costs roughly 25.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Braintree Town. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | Braintree Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $612,500 | $494,523 | $248,835 |
| Median Household Income | $123,276 | $104,336 | $80,455 |
| Price-to-Income Ratio | 5.0 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Braintree Town rose about 63.8%, while median household income rose about 51.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Braintree Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.7% | 57.5% | 58.5% |
| Rental Rate | 21.5% | 34.4% | 31.2% |
| Vacancy Rate | 4.8% | 8.1% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
Braintree Town has a homeownership rate of 73.7%, higher than the Massachusetts average of 57.5%. Its housing vacancy rate is 4.8%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | Braintree Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1963 | 1963 | 1978 |
| Median Number of Rooms | 5.9 | 5.5 | 5.5 |
The typical housing unit in Braintree Town was built around 1963. On average, 2.7 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Braintree Town, MA Housing Compared With Nearby Cities
How Braintree Town, MA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Braintree Town, MA | 38,939 | $612,500 #2/3 | $2,024 #2/3 | 77.4% #1/3 |
| Weymouth Town, MA | 58,503 | $540,213 | $1,940 | 67.4% |
| Quincy, MA | 102,031 | $1,518,234 | $2,118 | 45.3% |
Frequently Asked Questions
Common questions about the housing market in Braintree Town, Massachusetts.
What is the median home price in Braintree Town, Massachusetts?
The median home price in Braintree Town, Massachusetts is $612,500, higher than the Massachusetts average of $494,523.
What is the average home price in Braintree Town, Massachusetts?
The typical home price in Braintree Town, Massachusetts, reported as the median sale price, is $612,500. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Braintree Town, Massachusetts?
The median gross rent in Braintree Town, Massachusetts is $2,024 per month, higher than the Massachusetts average of $1,761.
What was the median gross rent in Braintree Town in 2020?
In 2020, the median gross rent in Braintree Town, Massachusetts was $1,501 per month.
What is the price-to-rent ratio in Braintree Town, Massachusetts?
The price-to-rent ratio in Braintree Town, Massachusetts is about 25.2, meaning it would take roughly 25.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Braintree Town.
Are home prices or rent rising faster in Braintree Town, Massachusetts?
Both home prices and rent are rising in Braintree Town, up about 7.4% and 5.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Braintree Town, Massachusetts?
73.7% of households in Braintree Town, Massachusetts own their home, higher than the Massachusetts average of 57.5%.
What is the vacancy rate in Braintree Town, Massachusetts?
The housing vacancy rate in Braintree Town, Massachusetts is 4.8%, lower than the Massachusetts average of 8.1%.
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