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Fairhaven, MA Real Estate

If you need to buy or rent a home in the town of Fairhaven, MA, hit the ground running with your search by connecting with Boston City Properties. On this page, learn the basics about the local real estate market to make more informed and strategic decisions. From median sale prices to the typical cost of monthly rent, you’ll find the information that you need to more effectively identify suitable options. More importantly, you can sign up for immediate, free, unlimited access to Boston City Properties’ constantly updated database of searchable MA property listings and avail yourself of the many other useful resources that we provide.

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Whether you’d like to rent an apartment or buy a single-family home, condo or townhouse, make your first step searching our up-to-the-second listings. We’ll give you free, unlimited access right away; just complete and submit the simple form to begin. Our database is populated with data from reputable sources like the MLS, so you can rest assured of accuracy and timeliness. Listings in our database are loaded with useful information about the properties in question, allowing you to learn the basics without having to venture away from the computer.

When you are ready to venture away, however, be sure to give our team a call. They will refer you to a local agent whose help is sure to make a huge difference. With their insider knowledge of the local property market, your agent can help you to identify the best options given your lifestyle and budgetary needs. When you’re ready, your agent can line up tours of the properties on your list. They can also help you to negotiate your way to the best deal possible. With all of this help, securing the perfect new home or investment property couldn’t be easier.

Town Overview

Located approximately 55 miles south of the city of Boston, the Bristol County town of Fairhaven boasts a fairly eclectic residential property market with affordable home values. Covered by the 02719 zip code, the town had a population of around 15,900 at the time of the 2010 U.S. Census. Although it isn’t very large, the community has a fairly strong property market that includes a nice variety of homes for sale and for rent. Due to the market’s fairly small size, however, properties don’t tend to linger for very long. It definitely pays to have all of the help that you can get when seeking real estate here.

This bustling little town offers a bucolic location that is far enough away from the big city to afford residents with plenty of peace. Bordered by Buzzards Bay on one side and by the communities of New Bedford and Acushnet on the others, this town is popular with retirees and young families alike. Homes and apartments are found across its many charming neighborhoods, which include Fairhaven Center, Poverty Point and Oxford. On the cost of living index, the average COL for the U.S. is 100, and the average for MA is 137.7. With a COL of 141.0, it may cost a bit more to live here than elsewhere in the state.

Market Overview

Thanks to its fairly small size, this town’s property market is nowhere near as complex as that of Boston’s. Still, competition for the best properties can be quite fierce, and inventory tends to be limited. Home values here are well below those of the state in general, so it is possible to secure a nice home for a fairly competitive price. Boston City Properties can connect you with a local residential property expert who can help you to identify options that suit your budget.

According to property records, there are around 6,700 residential properties within this town’s borders. This figure is very much in line with the overall size of the population, which means that the vast majority of these properties are accounted for at any given time. Of course, the ease with which you find something suitable depends heavily on what you’re looking for. As is the case with many communities outside of metro Boston, single-family homes are far more readily available here than townhouses, condos or even apartments. Regardless of what you need, though, we can help.

If you are in the market for a detached single-family home, you’re in luck. Of the nearly 6,700 residential properties in this town, 74 percent of them are classified as single-family homes. Condos and townhouses aren’t very in demand in this area, and that’s reflected by the fact that only 4 percent of residential properties here fall into that category. Around 23 percent of all residential properties are apartments, so if you need to rent one, you should be able to take your pick from a decent number of options.

It’s important to determine early on whether or not you can afford to buy or rent property in this town. While homes here span many prices, the vast majority—46 percent—are currently valued at between $235,000 and $353,000. Even on the high end of that scale, homes here tend to cost far less than the average for the state as a whole. If cost is a top concern for you, this town may have properties that meet your needs. Of course, there’s more to finding a good home than affordability. As far away as this town is from the big city, it may not be practical for many.

Single-Family Homes

With single-family homes dominating the residential property market here, you will find that most of the available properties fall into this category. Unlike in and around metro Boston, where land and space are quite limited, multi-family developments aren’t nearly as popular in this town. The quickest way to see what kinds of single-family homes are currently available in the area is by searching Boston City Properties’ listings. Once you’ve signed up for access, you can use our powerful search tool to zero in on options that suit your needs and budget.

Home values in this town tend to be among the lowest in the Bay State, so you can get pretty good bang for your buck compared with what you would get in the city. Lately, for example, the list price for residential property has been around $285,000, which is well below the state average of $419,000. Likewise, the median sale price, $269,000, is much more affordable than the state’s, which is $356,000. While residential property averages around $242 per square foot across Massachusetts, it averages around $196 per square foot here. Single-family homes here offer an average of 1,500 square feet of space while townhomes and condos offer around 970 square feet. The majority of homes, 38 percent of them, were built in 1939 or earlier. Only 5.3 percent were built in 2000 or later.

Because the market here is pretty small, only around 50 residential properties are available at any given time. Lately, properties in this town have been staying on the market for around 70 days, which is fairly average. This is positive news for buyers because with homes sitting for more than two months at a time, sellers are often willing to make concessions to make sales happen. You can make the most of this with the help of a skilled agent, and Boston City Properties can refer you to one.

Regardless of your plans, it’s important to confirm that the property that you buy will not only retain its value but grow in value too. That’s especially crucial if you’re buying a property for investment purposes or if you only plan to be there for a brief period of time. Around 10.2 percent of properties here are currently vacant, which doesn’t bode well for investors. Approximately 7 percent of properties have negative equity, which is below the U.S. average of 10.7 percent. Last year, properties here appreciated in value at a rate of 3.7 percent; they are expected to grow in value by a rate of 4.5 percent over the next year, so the market is trending up.

If you need to live in or near this town but aren’t sure that homes here meet your lifestyle or budgetary needs, don’t worry. Boston City Properties can refer you to a local agent who can help you to identify opportunities in neighboring communities. In nearby Marion, for example, the median sale price is around $450,000; in neighboring New Bedford, meanwhile, it is only $205,000. Whatever your requirements may be, we can help.

Condos and Townhouses

There’s no point in beating around the bush: If you are in the market for a condo or townhome and have your heart set on this town, you are in for an uphill battle. As stated previously, single-family homes dominate the market here, and much of the town is made up of subdivisions that are jam-packed with such structures. Townhomes and condos are available, but they are few and far between. We can connect you with a local agent who can help you find properties like these in the area.

If you are interested in condos or townhouses versus single-family homes because you’d like to save some money, you will like what you see if any properties like these are available when you search. That’s because as a general rule, townhomes and condos tend to sell for less than single-family homes. For example, a single-family home here currently sells for around $346,000 while a condo or townhome in the same community sells for closer to $264,000. That’s partly because condos and townhouses tend to be smaller. On average in this town, they offer less than 1,000 square feet of space, so they aren’t popular with families.

With only 4 percent of the town’s approximately 6,700 residential properties classified as condos or townhouses, the market offers fewer than 300 of them in general. Needless to say, most of them are occupied at most times, so the odds of having very many to choose from when you search are pretty slim. If anything is available, you can be certain that it will appear in Boston City Properties’ listings. If you still struggle to find a condo or townhome here, we can refer you to a local residential property expert who may be able to point you in the right direction.

In the meantime, you can easily check current availability for townhouses and condos for sale in this bustling Bristol County town by searching our database. It’s loaded with up-to-the-second listings for condos and townhouses for sale and for rent across the state, so it’s the best place to kick off your search. Select this town from the list of locations to limit your search there, and then adjust filters for things like total square footage and total beds and baths to refine things more. In an instant, you will know exactly what’s available in the area.

Apartments

It’s easy to assume that Boston City Properties is only in the single-family home business, but nothing could be further from the truth. Our database is not limited to listings for homes for sale; it includes listings for apartments that are currently available for rent across all towns and cities in the state as well as across all Boston neighborhoods. You can search for apartments for rent in this town just as easily as you can search for properties for sale, and you just need to complete and submit a simple form to begin.

Keep the following points in mind when searching for apartments for rent in this vibrant town:

You don’t have to seek out a broker to find an apartment to rent in this town. In addition to offering up-to-the-second information regarding homes for sale in the area, Boston City Properties’ database includes listings for apartments that are available for rent in the area. You can search for available apartments using our powerful search tool, and it works the same for finding apartments as it does for finding condos, townhouses and single-family homes.

How Boston City Properties Can Help

When it comes to finding real estate in Fairhaven, MA, don’t settle for less. Going it alone is a surefire way to end up with something that doesn’t really suit your needs or budget. A little help can go a really long way, and you can gain access to a huge array of resources by connecting with Boston City Properties. Sign up right now to search our listings; just complete and submit the simple form, and you’ll be good to go.

Using our search tool, you can quickly identify homes for sale and apartments for rent in this town that meet your basic criteria. When you’re ready to proceed, contact us for a referral to an experienced local residential property expert. They can take you to look at properties in person, assist during negotiations and more. Before you know it, you will be closing on or signing a lease for a great new home in this bustling town. For more information, please contact Boston City Properties.

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