Brockton, MA

Population: 94,089
Average annual home appreciation rate: 6.96%
Total of homes for sale in this market: 50
Median home price: $251,294
Median Rent: $1,266 per room
Home price range: 45.77% of homes are between $219,001 – $328,000
Median sales price: $220,000
Number of homes: 425
Median foreclosure sales price: $159,937
Foreclosure discount: 27%
Most common home type: 47.95% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 9.58%
Number of renters: 43.75%
Number of owner occupied: 56.25%
Number people living below poverty level: 17.95%
Unemployment rate: 6.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Brockton area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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