Scituate, MA02066

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$969,000
2.3% YoY Growth
Median Household Income
$132,000
8.8% 5-Year Growth
Days on Market
41
15.0% Longer than last year
Home Price Forecast
1.7%
Median Rent
$3,500
15.0% YoY Growth
1-Bed Rent
$2,850
28.9% YoY Growth
2-Bed Rent
$3,800
12.2% YoY Growth
3-Bed Rent
$3,400
20.6% YoY Growth

Property Listings — Scituate, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Scituate, MA is 41. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,200,000-16.0%
Listing Count
50-13.0%
Listings as % of Homes0.4%-13.0%
Days on Market
4115.0%
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Demographics — Scituate, MA

As of the latest ACS Survey released in 2023, Scituate, MA has a population of 18,900, which has increased by 4.4% over the past 5 years. Scituate, MA is a moderately popular place for families, as children make up 21.3% of the population. The area has a highly educated workforce, with 67.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,9004.4%
% Under 18
21.3%-8.6%
% Seniors
22.5%6.1%
% WFH
24.8%150.5%
% w/ College Degree
67.0%13.8%
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As of the latest ACS Survey released in 2023, Scituate, MA is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Scituate, MA is asian, making up 2.1% of the population. Foreign-born residents account for 5.2% of the population in Scituate, MA, and this percentage has decreased by 18.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.6%-1.8%
% Black
0.1%-87.5%
% Hispanic
1.2%20.0%
% Asian
2.1%425.0%
% Foreign Born
5.2%-18.8%
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Mortgage and Risk — Scituate, MA

According to HUD data as of 2023, there were 472 mortgage originations in Scituate, MA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Scituate, MA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
472
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
1.0%
% Second Loans
4.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Scituate, MA

As of 2024, the percent of homes in Scituate, MA under the Section 8 program is 9.8%. 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. In Scituate, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
144
Total Units Section 8
89
% Rentals under Section 8
9.8%
% Occupied Section 8
97.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$710$2,850$2,140
2 Bedroom-$1,250$3,800$2,550
3 Bedroom-$320$3,400$3,080
4 Bedroom-$10$3,400$3,390

Affordability — Scituate, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.3
Median Home Price$969,000
Median Household Income$132,000

Scituate, MA — ZIP Code Boundary Map

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Frequently Asked Questions