Acton Multi-Family Homes

Home to a real estate market that is generally going to be a bit more expensive than the statewide average, is the mid-size suburban town of Acton. Although the listing prices of multi-family homes in this area may seem a bit steep to some, the jaw-dropping buildings found throughout the city certainly give good reason for the slight increase in sales prices for housing units. For individuals, couples, or families who may be looking to buy a place to move and settle into - this area has plenty of positive aspects about it. Listed as one of the top twenty best places to live among small towns, this little gem is also home to some highly notable academic awards and achievements - which is a major bonus for any potential buyers that have school-aged children. In addition to being aware of the pros and cons regarding the general safety and other important aspects of the area - before actually touring any homes - potential buyers should be armed with some knowledge of the current real estate market, average sales prices, and the price range within which they'd like to stay. For example, the latest data available shows that the median asking price for vacant homes and condos in this area is around $450,000, though the value of said homes ranges anywhere from about $495,000 on the lower end to nearly $840,000 on the higher end. And while the median home/condo value is just under $367,000 statewide, the median value in this city is slightly below $621,000 - nearly double what it was in 2000 - meaning that the value of homes in this area is rapidly increasing. For additional information or any other assistance in buying a home, please feel free to contact us.

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On the other hand, for those who are looking to possibly sell their nearby housing unit, it may take a little extra time and effort if the current real estate market figures are an accurate indication of future sales. Simply put: although there is clearly a market for houses in the area - out of approximately 8,330 homes in this city, just under 8,000 are either owner occupied or renter occupied. Given the fact that the vacancy rate then comes in at only about 4.9%, coupled with the higher than average listing/sales prices, housing units in this area are likely to be on the market for a bit longer than a home in a surrounding town or city. However, don't let that discourage you from listing and/or selling your home - especially if it's something you've set your mind on. Also, despite the fact that the housing costs here may seem a little steep, the reason that this area is slightly more expensive than others nearby is because a majority of the residents living in this town have higher-than-average paying jobs. According to city data, the median household income is estimated to be $143,500 - nearly double the statewide estimated median of $75,300. Of course a higher paying job comes along with a higher education level - which a large percentage of the people living here have. In fact, nearly 30% of the men and women who live in this town possess either a bachelor's or master's degree - compared to the statewide average of only about 14.5% - which means that even though the housing prices may be slightly higher than average, there is still a good real estate market in which to list your home for sale.

Found along Route 2 in Middlesex County, Acton is located approximately twenty-one miles northwest of Boston and is comprised of five separate "neighborhoods", referred to locally as The Five Village Centers. Acton Center is the civic center of the city and maintains the town hall, public library, fire station, police station, post office, church, an arboretum and conservation area, and several other buildings/services. West Acton is where most of the commercial developments are found, alongside Route 111. Take a step back in time in South Acton and visit the Faulkner House (the oldest home still standing in the town), the Jones Tavern (which is listed on the National Register of Historic Places), and the South Acton MBTA station (the only rail station still operating in the city). East Acton began mostly as commercial, centered around the East Acton train station until the popularity of the automobile shut down the station and turned the area into a mostly residential area. Last but not least, North Acton has been steadily growing since the mid-70's, developing a number of commercial complexes and condominiums. The Nathaniel Allen Recreation Area (NARA Park) is located here, as is the Village of Nagog Woods - a housing development off of Route 2A/119. For more information or additional assistance on the multi-family housing market, simply sign up or contact us to buy or list a house or condo in Acton.

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