Swampscott, MA—01907
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Swampscott, MA
As of Oct '25, the median home price in Swampscott, MA is $807,000, with a year-over-year change of 1.0%. This indicates that home prices in Swampscott, MA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $807,000 | 1.0% |
| Single Family | $889,000 | 1.1% |
| Condos | $478,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $354,000 | -0.3% |
2 Bed | $495,000 | 0.4% |
3 Bed | $797,000 | 0.6% |
4 Bed | $988,000 | 1.3% |
| 5 Bed | $1,470,000 | 4.9% |
% of Housing Stock
Rental Trends — Swampscott, MA
As of July '25, Rentcast reports the average rent in Swampscott, MA is $3,100, with a year-over-year rent change of -9.9%. Per bedroom, the median rent as of July '25 in Swampscott, MA is studios: $1,520, 1-bedrooms: $2,780, 2-bedrooms: $3,070, 3-bedrooms: $3,830, 4-bedrooms: $4,970. The most common rental property sizes in Swampscott, MA are 2-bedroom and 1-bedroom, accounting for 48.2% and 35.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,040 | $3,100 |
| Studio Rent | $1,450 | $1,520 |
| 1 Bed Rent | $2,850 | $2,780 |
| 2 Bed Rent | $3,000 | $3,070 |
| 3 Bed Rent | $3,800 | $3,830 |
| 4 Bed Rent | $4,500 | $4,970 |
% of Rental Stock
Property Listings — Swampscott, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Swampscott, MA is 29. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $755,000 | 0.0% |
Listing Count | 27 | -5.0% |
| Listings as % of Homes | 0.3% | -5.0% |
Days on Market | 29 | -2.0% |
Demographics — Swampscott, MA
As of the latest ACS Survey released in 2023, Swampscott, MA has a population of 15,300, which has increased by 2.2% over the past 5 years. Swampscott, MA is a moderately popular place for families, as children make up 19.3% of the population. The area has a highly educated workforce, with 61.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | 2.2% |
% Under 18 | 19.3% | -16.5% |
% Seniors | 19.2% | -1.5% |
% WFH | 22.9% | 154.4% |
% w/ College Degree | 61.5% | 9.4% |
As of the latest ACS Survey released in 2023, Swampscott, MA is a predominantly white area, with 84.1% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Swampscott, MA is hispanic, making up 7.2% of the population. Foreign-born residents account for 19.7% of the population in Swampscott, MA, and this percentage has increased by 77.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.1% | -8.9% |
% Black | 3.2% | 255.6% |
% Hispanic | 7.2% | 118.2% |
% Asian | 3.1% | 244.4% |
% Foreign Born | 19.7% | 77.5% |
Mortgage and Risk — Swampscott, MA
According to HUD data as of 2023, there were 261 mortgage originations in Swampscott, MA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Swampscott, MA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 261 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Swampscott, MA
As of 2024, the percent of homes in Swampscott, MA under the Section 8 program is 6.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Swampscott, MA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 135 |
Total Units Section 8 | 135 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$230 | $2,850 | $2,620 |
| 2 Bedroom | $100 | $3,000 | $3,100 |
| 3 Bedroom | -$70 | $3,800 | $3,730 |
| 4 Bedroom | -$390 | $4,500 | $4,110 |
Affordability — Swampscott, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $807,000 |
| Median Household Income | $128,000 |