Everett, MA02149

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$625,000
0.9% YoY Growth
Median Household Income
$79,700
32.2% 5-Year Growth
Days on Market
34
14.0% Longer than last year
Home Price Forecast
1.1%
Median Rent
$2,700
7.9% YoY Growth
1-Bed Rent
$2,580
20.8% YoY Growth
2-Bed Rent
$3,420
20.9% YoY Growth
3-Bed Rent
$3,100
3.6% YoY Growth

Property Listings — Everett, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Everett, MA is 34. This is a increase of 14.0% 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 59.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$626,000-7.0%
Listing Count
17-12.0%
Listings as % of Homes0.1%-12.0%
Days on Market
3414.0%
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Demographics — Everett, MA

As of the latest ACS Survey released in 2023, Everett, MA has a population of 49,200, which has increased by 8.0% over the past 5 years. Everett, MA is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
49,2008.0%
% Under 18
22.0%-10.2%
% Seniors
10.9%3.8%
% WFH
8.6%168.7%
% w/ College Degree
23.5%16.3%
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As of the latest ACS Survey released in 2023, Everett, MA is a predominantly white area, with 37.9% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Everett, MA is hispanic, making up 31.3% of the population. Foreign-born residents account for 45.5% of the population in Everett, MA, and this percentage has increased by 12.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
37.9%-15.4%
% Black
12.8%-31.2%
% Hispanic
31.3%17.7%
% Asian
7.8%13.0%
% Foreign Born
45.5%12.9%
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Mortgage and Risk — Everett, MA

According to HUD data as of 2023, there were 323 mortgage originations in Everett, MA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Everett, MA. Investor activity is low, as 9.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
323
% Conventional Loans
87.0%
% Government Loans
13.0%
% Investor Loans
9.0%
% Second Loans
1.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Everett, MA

As of 2024, the percent of homes in Everett, MA under the Section 8 program is 7.9%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Everett, MA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
905
Total Units Section 8
828
% Rentals under Section 8
7.9%
% Occupied Section 8
94.1%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$400$2,580$2,180
2 Bedroom-$840$3,420$2,580
3 Bedroom$10$3,100$3,110
4 Bedroom-$530$3,950$3,420

Affordability — Everett, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.9
Median Home Price$625,000
Median Household Income$79,700

Everett, MA — ZIP Code Boundary Map

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Frequently Asked Questions