
Home Price Key
These days, finding an affordable place to live in the Marblehead area can be challenging. Home prices in Marblehead are now at a median cost of $845,909, higher than the Massachusetts average of $477,554.
The average cost of rent is $1,959/mo in Marblehead, primarily driven by the current value of real estate in the Marblehead area. While nearly 28.01% of residents own their homes outright in Marblehead, 13.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Marblehead is $13,404 per month. Households that rent pay about 14.61% of their income on rent here. Marblehead's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Manchester-By-The-Sea, MA: higher priced homes
- Wenham, MA: less expensive homes
- Manchester, MA: equally priced homes
Cities with Similar Populations
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