Bridgewater Town, Massachusetts Housing Market Prices
Bridgewater 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 95% below the Massachusetts median$22,500
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Median rent 19% above the Massachusetts median$2,092
Housing Market Overview
| Metric | Bridgewater Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,500 | $494,523 | $248,835 |
| Price Trend (Annual %) | -11.0% | 6.6% | 7.5% |
| Median Gross Rent | $2,092 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 6.0% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bridgewater Town is about 95% lower than in Massachusetts. Rent is about 19% higher than the Massachusetts average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Bridgewater Town: home prices fell about 11.0% a year while rent rose about 6.0% a year. That is an unusual pattern worth watching.
Median rent in Bridgewater Town rose about 64.5% between 2015 and 2024, from $1,271 to $2,092. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Bridgewater Town.
Buying the median-priced home in Bridgewater Town costs roughly 0.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bridgewater Town. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | Bridgewater Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,500 | $494,523 | $248,835 |
| Median Household Income | $114,619 | $104,336 | $80,455 |
| Price-to-Income Ratio | 0.2 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bridgewater Town fell about 86.4%, while median household income rose about 29.3% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bridgewater Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.9% | 57.5% | 58.5% |
| Rental Rate | 23.6% | 34.4% | 31.2% |
| Vacancy Rate | 3.5% | 8.1% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Bridgewater Town has a homeownership rate of 72.9%, higher than the Massachusetts average of 57.5%. Its housing vacancy rate is 3.5%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | Bridgewater Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1978 | 1963 | 1978 |
| Median Number of Rooms | 6.2 | 5.5 | 5.5 |
The typical housing unit in Bridgewater Town was built around 1978. On average, 2.7 people live in a home with about 6.2 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Bridgewater Town, Massachusetts.
What is the median home price in Bridgewater Town, Massachusetts?
The median home price in Bridgewater Town, Massachusetts is $22,500, lower than the Massachusetts average of $494,523.
What is the average home price in Bridgewater Town, Massachusetts?
The typical home price in Bridgewater Town, Massachusetts, reported as the median sale price, is $22,500. 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 Bridgewater Town, Massachusetts?
The median gross rent in Bridgewater Town, Massachusetts is $2,092 per month, higher than the Massachusetts average of $1,761.
What was the median gross rent in Bridgewater Town in 2020?
In 2020, the median gross rent in Bridgewater Town, Massachusetts was $1,658 per month.
What is the price-to-rent ratio in Bridgewater Town, Massachusetts?
The price-to-rent ratio in Bridgewater Town, Massachusetts is about 0.9, meaning it would take roughly 0.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bridgewater Town.
Are home prices or rent rising faster in Bridgewater Town, Massachusetts?
Home prices and rent are moving in opposite directions in Bridgewater Town: home prices fell about 11.0% a year while rent rose about 6.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Bridgewater Town, Massachusetts?
72.9% of households in Bridgewater Town, Massachusetts own their home, higher than the Massachusetts average of 57.5%.
What is the vacancy rate in Bridgewater Town, Massachusetts?
The housing vacancy rate in Bridgewater Town, Massachusetts is 3.5%, lower than the Massachusetts average of 8.1%.
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