Weymouth Town, Massachusetts Housing Market Prices
Weymouth 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 9% above the Massachusetts median$540,213
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Median rent 10% above the Massachusetts median$1,940
Housing Market Overview
| Metric | Weymouth Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $540,213 | $494,523 | $248,835 |
| Price Trend (Annual %) | 16.4% | 6.6% | 7.5% |
| Median Gross Rent | $1,940 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 5.9% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Weymouth Town is about 9% higher than in Massachusetts. Rent is about 10% 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 Weymouth Town, up about 16.4% and 5.9% a year respectively. Home prices are changing faster.
Median rent in Weymouth Town rose about 63.3% between 2015 and 2024, from $1,188 to $1,940. Over the same span, rent in Massachusetts rose about 59.8%.
Affordability
On average, housing unit costs 5.2 yearly household incomes in Weymouth Town.
Buying the median-priced home in Weymouth Town costs roughly 23.2 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 Weymouth Town. The price-to-rent ratio in Massachusetts is about 23.4.
| Metric | Weymouth Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Home Price | $540,213 | $494,523 | $248,835 |
| Median Household Income | $103,462 | $104,336 | $80,455 |
| Price-to-Income Ratio | 5.2 | 4.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Weymouth Town rose about 70.5%, while median household income rose about 48.8% 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 | Weymouth Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.0% | 57.5% | 58.5% |
| Rental Rate | 31.4% | 34.4% | 31.2% |
| Vacancy Rate | 3.6% | 8.1% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Weymouth Town has a homeownership rate of 65.0%, higher than the Massachusetts average of 57.5%. Its housing vacancy rate is 3.6%, compared with 8.1% in Massachusetts.
Housing Stock
| Metric | Weymouth Town | Massachusetts Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1964 | 1963 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Weymouth Town was built around 1964. On average, 2.3 people live in a home with about 5.4 rooms, staying for about 16.0 years on average.
Weymouth Town, MA Housing Compared With Nearby Cities
How Weymouth Town, MA compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Weymouth Town, MA | 58,503 | $540,213 #3/3 | $1,940 #3/3 | 67.4% #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 Weymouth Town, Massachusetts.
What is the median home price in Weymouth Town, Massachusetts?
The median home price in Weymouth Town, Massachusetts is $540,213, higher than the Massachusetts average of $494,523.
What is the average home price in Weymouth Town, Massachusetts?
The typical home price in Weymouth Town, Massachusetts, reported as the median sale price, is $540,213. 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 Weymouth Town, Massachusetts?
The median gross rent in Weymouth Town, Massachusetts is $1,940 per month, higher than the Massachusetts average of $1,761.
What was the median gross rent in Weymouth Town in 2020?
In 2020, the median gross rent in Weymouth Town, Massachusetts was $1,551 per month.
What is the price-to-rent ratio in Weymouth Town, Massachusetts?
The price-to-rent ratio in Weymouth Town, Massachusetts is about 23.2, meaning it would take roughly 23.2 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 Weymouth Town.
Are home prices or rent rising faster in Weymouth Town, Massachusetts?
Both home prices and rent are rising in Weymouth Town, up about 16.4% and 5.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Weymouth Town, Massachusetts?
65.0% of households in Weymouth Town, Massachusetts own their home, higher than the Massachusetts average of 57.5%.
What is the vacancy rate in Weymouth Town, Massachusetts?
The housing vacancy rate in Weymouth Town, Massachusetts is 3.6%, lower than the Massachusetts average of 8.1%.
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