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Foxborough, MA Real Estate

For up-to-the-second information about real estate in Foxborough, MA, look no further than Boston City Properties. Whether you are in the market to purchase a single-family home or are interested in renting a condo, townhouse or apartment in this town, our online resources are sure to make a positive difference in your search. On this page, you can sign up for immediate, free, unlimited access to our vast online database of searchable Massachusetts property listings and start zeroing in on promising options in no time.

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Because it is well removed from the hectic Boston property market, people often assume that this small town’s market is easier to navigate. While that is true in some regards, the fact is that this local submarket can be every bit as competitive as that of the big city. Single-family homes in this town are quite affordable by Massachusetts standards, and there is a decent supply of fairly new homes for those who want something more modern. Whatever your budget or lifestyle needs may be, you can search Boston City Properties’ listings to quickly pinpoint viable options.

You will have the easiest time finding what you need in this town if you are in the market to purchase a single-family home because that property type is the most widely available. Even if you want a condo or townhome or need to rent an apartment, however, you can just as easily search our listings to find what you need. Whenever you are ready, we can connect you with an experienced local agent who specializes in the type of property that you seek. This expert can take you to tour properties, assist during negotiations and provide many additional types of support.

Town Overview

Located as it is about 22 miles southwest of the city of Boston, this Norfolk County town is far enough away to have its own distinct residential property market. Covered primarily by the 02035 zip code, it had a population of around 16,900 at the time of the 2010 U.S. Census. This makes it a mid-sized town, and that means that pickings can be a bit slim in terms of residential property. The easiest way to check current availability for the home, townhouse, condo or apartment that you need in this area is by searching Boston City Properties’ listings.

This charming town is bordered by many pleasant communities, including Norfolk, Sharon, Walpole and Mansfield. If you are unable to find what you need within its borders, we can refer you to an agent who may be able to identify comparable options in neighboring communities. The cost of living of this town is roughly in line with that of the state as a whole. With 100 representing the average cost of living in the U.S., the average cost of living in MA is 137.7 while the average cost of living in this Norfolk County town is 137.4.

Market Overview

All too often, buyers and investors make the mistake of leaving everything to their agent. While having an agent by your side is absolutely vital, it is also smart to do a little studying of your own about the local submarket. Boston City Properties can help you in this regard as our website is loaded with informative articles, interactive tools and other resources that arm you with much-needed insider information. By understanding the basics of the local market, you can more easily determine whether or not buying or renting there even makes sense.

Across this entire town, records show that there are around 6,400 residential properties. These include all types of property, including single-family homes, townhouses, condos and apartments. The total number of properties is in line with the size of the town’s population, so inventory levels are generally fairly balanced. As with any submarket, however, this one vacillates between being more of a buyer’s market and more of a seller’s market. Fortunately for you as a buyer, the market here has trended more toward a buyer’s market over the last few years.

The ease with which you find what you need in this town largely depends on exactly what you’re seeking. Needless to say, if you are looking for a type of property that’s fairly ubiquitous in this town, you will have an easier time. According to property records for this town, around 63 percent of residential properties are classified as detached single-family homes. Roughly 34 percent of properties are categorized as apartments, so there are plenty of options for renters. Finally, around 3 percent of residential properties here are classified as condos or townhomes; if you want to buy one of these, then, you are in for more of an uphill battle.

It’s always smart to get a feel for the typical price for residential property in a town before getting too committed to buying there. This Norfolk County town is popular with young families because it offers a nice assortment of fairly affordable homes. Of the many price categories, the majority of homes here—38 percent—are priced between $359,000 and $478,000. Plenty of them are cheaper than this, of course, and plenty of others are more expensive.

Single-Family Homes

With 63 percent of residential properties in this town categorized as detached-single family homes, you are in good shape if that is what you need. As is the case in most residential property markets, the vast majority of single-family homes in this town are put up for sale on the market rather than for rent. If you need to rent a detached home rather than an apartment, however, you aren’t out of luck. Let Boston City Properties connect you with a local agent who can help you find a great rental property.

Property values in this town tend to be much lower than average for the state as a whole, but that doesn’t mean that the market is in a downturn. In fact, appreciation rates have been robust across the area for some time, and they’re expected to remain strong for the foreseeable future. Lately, homes in this town have been listing on the market for around $330,000; the median list price for MA is $419,000. They’ve been closing for around $310,000 while the median sale price in MA is $356,000. The average price per square foot for residential property in this town, $209, is also much lower than the state average, which is $242 per square foot.

It is smart to generally know what you are looking for to make your search more efficient. It’s also a good way to confirm whether or not you’re barking up the right tree by looking in a particular town. The majority of residential properties here, 37 percent of them in total, were built between 1970 and 1999. More than 12 percent of them were built in the year 2000 or later, so there is a decent supply of more modern homes, condos, townhouses and apartments too. Single-family homes here offer an average of 1,700 square feet while townhouses and condos offer around 1,100 square feet.

On average, residential properties sit on the local market for around 50 days or so. This is fairly in line with state averages, and it suggests that while homes don’t fly off of the market immediately, they don’t linger for too long, either. At any particular time, you can expect there to be roughly 30 properties for sale, including single-family homes, townhouses and condos. You can quickly check availability by searching Boston City Properties’ listings, which are updated around the clock and are pulled from reputable sources like the MLS.

Whatever your long-term plans may be for the property that you seek, you’re going to want to confirm that homes here retain their value and appreciate steadily over time. This is especially important when buying investment properties or when buying a home that you plan to sell again before very long. Only about 3.3 percent of residential properties in this town are vacant, which is a good sign. While 10.7 percent of homes across the U.S. have negative equity, only 4.2 percent of residential properties here do. Over the past year, home values have appreciated by a rate of 7.7 percent; they are expected to appreciate by a rate of 3.6 percent over the next 12 months.

If you search Boston City Properties’ listings and discover that homes in this town just don’t suit your needs or budget, don’t worry. Home features and prices vary widely by location, and there are always lots of options in neighboring communities. In nearby Sharon, for example, homes have been selling for around $497,000; in North Attleboro, meanwhile, they have been selling for around $285,000.

Condos and Townhouses

While condos and townhomes are ubiquitous in densely populated places like many Boston neighborhoods, they aren’t nearly as widespread or available in less heavily populated areas. Foxborough isn’t known for its huge inventory of multifamily properties, so finding suitable townhouses and condos here can be a challenge. Only 3 percent of residential properties in this town fall into this category, which means that there are fewer than 200 in total. Given that most of these will be spoken for when you search, you can see why securing a suitable townhome or condo can be so challenging.

Townhomes and condos in this town offer around 1,100 square feet of space. This is just an average, however; many units are larger than this, and many are smaller. Likewise, condos and townhomes in this town vary widely in terms of age, layout and overall features. Unlike in the big city, these units aren’t usually found in huge towers but are more often found in small buildings and even in converted old homes. Due to the complications of buying a condo or townhome here, it is especially important to get a referral from us for a local agent.

People often gravitate toward condos and townhomes not only because they require less upkeep but because they usually cost less than detached homes. That may be true in terms of sale price, but condos and townhomes are usually subject to monthly association fees. With that being said, these types of properties actually tend to cost more in this town, with the average sale price for a townhome, $433,000, well above the typical sale price of a single-family home.

While you will absolutely want the help of a skilled and experienced local real estate agent by your side while searching for condos and townhouses in this town, you can kick-start your search right now by looking for what you need in Boston City Properties’ listings. After signing up for free access, click over to the search tool to begin. Select this town to restrict your search to the area; note that you may select more than one city, town or Boston neighborhood if you prefer. Adjust filters for things like total square footage and price, and your results will be that much more relevant and useful.

Apartments

Even if you need to rent an apartment rather than buy a home in this town, Boston City Properties can help. With around 34 percent of all residential properties here classified as apartments, there are nearly 2,200 of them throughout the town. When vacancies open up in local apartment buildings or developments, listings for them will appear in Boston City Properties’ database. Thanks to our powerful search tool, checking current availability for apartments for rent in this town couldn’t be easier.

Some factors to keep in mind about the apartment rental market in this town include the following:

If you are looking for an apartment to rent in this town, do yourself a favor and start by searching Boston City Properties’ listings. After signing up using the simple form, you can get going right away. Select your desired search area, which can include just this town or as many others as you’d like. Adjust filters for attributes like total beds and baths and total square footage to get more relevant and useful results. Before you know it, you will have identified apartments in this town that meet your basic criteria.

How Boston City Properties Can Help

It is easy to feel overwhelmed when looking to buy or rent a home in this charming Norfolk County town. Due to its small size, the pickings can be pretty slim much of the time. Still, that doesn’t mean that you should make do with anything that’s less than perfect. By connecting with Boston City Properties, you’ll have the resources that you need to find properties that suit your needs in no time.

Are you ready to explore the available offerings in Foxborough, MA? We are ready to help! Start right this instant by completing and submitting the simple signup form. With immediate access to our searchable listings, you can hit the ground running on your search. When you are ready to check out properties from your list in person, contact us for a referral to a local real estate expert who can assist you further. Whether you need to buy or rent, we have your back. Contact Boston City Properties for more information.

Foxborough Condo Developments

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