Randolph Town, Massachusetts Housing Market Prices
Randolph 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.
-
Median home price 21% above the Massachusetts median$598,646
-
Median rent 19% above the Massachusetts median$2,103
Housing Market Overview
| Metric | Randolph Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $598,646 | $494,523 | $248,835 |
| Price Trend (Annual %) | 148.6% | 6.6% | 7.5% |
| Median Gross Rent | $2,103 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 6.6% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Randolph Town is about 21% higher 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
Both home prices and rent are rising in Randolph Town, up about 148.6% and 6.6% a year respectively. Home prices are changing faster.
Median rent in Randolph Town rose about 58.8% between 2015 and 2024, from $1,324 to $2,103. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 5.6 yearly household incomes in Randolph Town.
Buying the median-priced home in Randolph Town costs roughly 23.7 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 Randolph Town. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | Randolph Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $598,646 | $494,523 | $248,835 |
| Median Household Income | $107,711 | $104,336 | $80,455 |
| Price-to-Income Ratio | 5.6 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Randolph Town rose about 202.6%, while median household income rose about 40.5% 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 | Randolph Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.5% | 57.5% | 58.5% |
| Rental Rate | 28.0% | 34.4% | 31.2% |
| Vacancy Rate | 2.5% | 8.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Randolph Town has a homeownership rate of 69.5%, higher than the Massachusetts average of 57.5%. Its housing vacancy rate is 2.5%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | Randolph Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.70 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1967 | 1963 | 1978 |
| Median Number of Rooms | 5.9 | 5.5 | 5.5 |
The typical housing unit in Randolph Town was built around 1967. On average, 2.7 people live in a home with about 5.9 rooms, staying for about 16.0 years on average.
Randolph Town, MA Housing Compared With Nearby Cities
How Randolph Town, MA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Randolph Town, MA | 34,885 | $598,646 #3/3 | $2,103 #2/3 | 71.3% #2/3 |
| Braintree Town, MA | 38,939 | $612,500 | $2,024 | 77.4% |
| Quincy, MA | 102,031 | $1,518,234 | $2,118 | 45.3% |
Frequently Asked Questions
Common questions about the housing market in Randolph Town, Massachusetts.
What is the median home price in Randolph Town, Massachusetts?
The median home price in Randolph Town, Massachusetts is $598,646, higher than the Massachusetts average of $494,523.
What is the average home price in Randolph Town, Massachusetts?
The typical home price in Randolph Town, Massachusetts, reported as the median sale price, is $598,646. 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 Randolph Town, Massachusetts?
The median gross rent in Randolph Town, Massachusetts is $2,103 per month, higher than the Massachusetts average of $1,761.
What was the median gross rent in Randolph Town in 2020?
In 2020, the median gross rent in Randolph Town, Massachusetts was $1,626 per month.
What is the price-to-rent ratio in Randolph Town, Massachusetts?
The price-to-rent ratio in Randolph Town, Massachusetts is about 23.7, meaning it would take roughly 23.7 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 Randolph Town.
Are home prices or rent rising faster in Randolph Town, Massachusetts?
Both home prices and rent are rising in Randolph Town, up about 148.6% and 6.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Randolph Town, Massachusetts?
69.5% of households in Randolph Town, Massachusetts own their home, higher than the Massachusetts average of 57.5%.
What is the vacancy rate in Randolph Town, Massachusetts?
The housing vacancy rate in Randolph Town, Massachusetts is 2.5%, lower than the Massachusetts average of 8.1%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →