Taunton, Massachusetts Housing Market Prices
Taunton 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 51% below the Massachusetts median$243,095
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Median rent 25% below the Massachusetts median$1,323
Housing Market Overview
| Metric | Taunton | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $243,095 | $494,523 | $248,835 |
| Price Trend (Annual %) | 1.6% | 6.6% | 7.5% |
| Median Gross Rent | $1,323 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Taunton is about 51% lower than in Massachusetts. Rent is about 25% lower 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 Taunton, up about 1.6% and 4.5% a year respectively. Rent is changing faster.
Median rent in Taunton rose about 43.3% between 2015 and 2024, from $924 to $1,323. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Taunton.
Buying the median-priced home in Taunton costs roughly 15.3 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Taunton. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | Taunton | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $243,095 | $494,523 | $248,835 |
| Median Household Income | $77,792 | $104,336 | $80,455 |
| Price-to-Income Ratio | 3.1 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Taunton rose about 18.3%, while median household income rose about 31.0% 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 | Taunton | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.3% | 57.5% | 58.5% |
| Rental Rate | 36.2% | 34.4% | 31.2% |
| Vacancy Rate | 4.5% | 8.1% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
Taunton has a homeownership rate of 59.3%, higher than the Massachusetts average of 57.5%. Its housing vacancy rate is 4.5%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | Taunton | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.48 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1964 | 1963 | 1978 |
| Median Number of Rooms | 5.2 | 5.5 | 5.5 |
The typical housing unit in Taunton was built around 1964. On average, 2.5 people live in a home with about 5.2 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Taunton, Massachusetts.
What is the median home price in Taunton, Massachusetts?
The median home price in Taunton, Massachusetts is $243,095, lower than the Massachusetts average of $494,523.
What is the average home price in Taunton, Massachusetts?
The typical home price in Taunton, Massachusetts, reported as the median sale price, is $243,095. 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 Taunton, Massachusetts?
The median gross rent in Taunton, Massachusetts is $1,323 per month, lower than the Massachusetts average of $1,761.
What was the median gross rent in Taunton in 2020?
In 2020, the median gross rent in Taunton, Massachusetts was $1,024 per month.
What is the price-to-rent ratio in Taunton, Massachusetts?
The price-to-rent ratio in Taunton, Massachusetts is about 15.3, meaning it would take roughly 15.3 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Taunton.
Are home prices or rent rising faster in Taunton, Massachusetts?
Both home prices and rent are rising in Taunton, up about 1.6% and 4.5% a year respectively. Rent is changing faster.
What is the homeownership rate in Taunton, Massachusetts?
59.3% of households in Taunton, Massachusetts own their home, higher than the Massachusetts average of 57.5%.
What is the vacancy rate in Taunton, Massachusetts?
The housing vacancy rate in Taunton, Massachusetts is 4.5%, lower than the Massachusetts average of 8.1%.
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