Sharon, MA Real Estate Properties to Know About
Sharon in Massachusetts is a classic town in New England that sits in Norfolk County. Large amounts of conservation land are within the borders of this town, which is why there are many real estate properties in the area. Lush green plant life surrounds most of these structures.
If you are looking for a home to purchase in this area, you will not be disappointed. Most of the properties here are owned rather than rented, although you will still find a great abundance of homes for lease, especially in the town center. From single-family homes to apartments to luxury condos, you will find what you are looking for – and usually for a surprisingly affordable price.
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Living in this Massachusetts town will grant you easy access to Lake Massapoag, which serves as the center of the community all year round. In the summer, lots of residents go to this lake to watch concert series. They also gather here to enjoy different water activities, including boating, fishing, and swimming.
The town also has a massive network of trails that are good for hiking and these trails branch throughout the whole place as well as through the Borderland State Park and the Moose Hill Wildlife Sanctuary. There are plenty more things you can do in the area, including shopping, eating at fancy restaurants, and visiting art galleries.
When you live in this town, you will only be 17 miles away from Boston, and you will also have a variety of options for commuting. I-95 runs both on the northern and southern part of town. It has two exits along the borders of the area. As for State Route 27, this option runs through the town’s center. The MBTA has commuter rail stops through the Providence and the Stoughton Line, which connects the area to these two towns, along with the South Station in Boston.
The ideal location of the area is one of the reasons why people are looking at the options for their next home here. Also, the prices are more attractive, especially compared to nearby cities and towns.
Are You Looking for Single-Family Houses for Sale in Sharon, MA?
Stand-alone homes or single-family properties are all over the town. It is good news for those who are searching for a house where they can live peacefully. The area has much to offer for families and single individuals who want a place of their own in this area.
Typically, there are more single-family homes than available multi-family units in the neighborhoods of the town because they are far more in demand than condos and other properties. During the first quarter of the year, there were more than 90 available single-family houses for sale in many of the neighborhoods in the area where the average price was $729,408 during that time.
The highest listed property from January to March this year was $2,200,000. The median home value of the real estate properties in this area is $484,300, which is much higher than the national average $184,700. One percent of the homes in the area are less than $50,000, and most of the properties are around $400,000 to $749,000. There are also expensive ones that start at $750,000, but the prices are more affordable than single-family homes in other places.
The high home value though allows the home sellers to gain good profits out of their properties. If you have a house to sell in this area, it may be a great time to put up your property on the market today.
As for the median rent, the town average is $1,738 where the national median rent price is only $949. Although the rents are much higher than the national average, you can find some properties that are around $500 or even less. About four percent of the homes for rent are priced less than $1,000. However, in the town center, most of the houses are at least $2,000 per month.
Although rental prices are up, the amenities and the services of the rental properties are worth the amount you will pay for monthly. The amenities typically include parking, walk-in closets, and expansive living rooms. Nevertheless, most of the people here opt to purchase instead of renting.
As for the market trends, they currently show that the area has been experiencing an increase of at least $40,000 or eight percent in median home sales since last year. For the same period, the average price for every square foot of the single-family properties in the area is $293, which has increased from $277 last time.
One-bedroom homes seem to have no change when it comes to their prices where they range from $90,000 to less than $100,000. Two-bedrooms have increased in prices in just three months this year where they used to be around $194,000, and they quickly jumped to $379,000 mainly because of the steady demand. Last year, the homes were asking for an average of $356,250.
Meanwhile, three-bedroom homes have an asking price of $490,000 on average, which is almost a seven percent increase from $410,000 three months prior. Last year, the average price was set to $459,000, and it is possible that the mentioned price for the current time will stay positive for the sellers.
If you are looking for a bigger home with four bedrooms, the town will not disappoint you because of the wealth of choices here. The average price has gone up to almost eight percent where it was $719,900 last year, and this time, it is around $775,000. It is expected that it will continue to be a profitable time for the sellers, but the homebuyers will have plenty of options for single-family homes in this town.
Condos and Townhouses for Sale
Condos and townhomes are also quite common in the area, although not as widespread as single-family properties. Still, if this type of property is what you are searching for, you can have a lot of choices available. You can find condos that have one to three bedrooms and some with studios and four bedrooms.
These properties are in desirable locations that allow the home purchasers to have good access to restaurants, shops, and transit options. Most of the condos here have at least two beds and one bath, but there are properties with more baths than bedrooms. The price varies depending on a variety of factors, including the size of the property and the amenities. It is easy to find condos with spacious floor plans and soaring ceilings in this area. Most of them also feature hardwood floors and marble gas fireplaces with attractive dining rooms and some with upgraded kitchens.
The competition is fierce among condos and townhomes for sale, which is why the sellers try to up their game by offering extras to the buyers, such as new fixtures and finishes. Some properties even have private decks, new stainless steel appliances for the kitchens, walk-in closets, and massive windows to let the light in for better energy efficiency.
Many buyers today are searching for homes that are in a private community. This town has a few of them available for sale. The average price per square foot is around $182, but the amount varies depending mostly on the neighborhood and the features of the condo. The communities offer great value for the new homeowners as they offer amenities that will make anyone’s stay more comfortable and enjoyable. Some of the available facilities include a swimming pool, a tennis court, a shared deck, golf courses, and many others.
It is common to find condo buildings that are quite old where some were built in the 1800s. However, there are also newer structures in the area that were created in the 2000s. Some of the best neighborhoods to search for condos are Apple Valley Drive and Old Post Road. Bayberry Drive also has some townhomes for sale, especially for those who want a smaller property for themselves.
Out of the neighborhoods mentioned, Apple Valley Drive seems to have the best pricing since the condos here cost less than $200 per square foot. Bayberry Drive has affordable ones for sale as well, and they are around $204 per square foot on average. Meanwhile, the neighborhood of Old Post Drive has some expensive homes, but they do come with more features and amenities. Plus, the location is convenient for shoppers and those who would like to get easy access to Boston. It is estimated that the condo prices here are around $345 for every square foot of space.
Other areas in the town to look for townhomes and condos are Cortland Drive, Billings Street, Pond Street, Orchard Hill Drive, Oakland Road, and Canton Street. One of the sold condos is at 30 E Chestnut Street, which was priced $350,000 for a 9,900 square foot property. The condominium was built in 1900 and has two beds and one bath. Both bedrooms are on the first floor of the unit, along with the living room and the kitchen.
Apartments for Sale in the Area
If you prefer an apartment over a condo unit, you can also find some options for this type of property in this town. Some people prefer apartments because the rules and the leases are mostly the same, which can be helpful if ever there are neighborly disputes.
There are perks to choosing apartment complexes over condos as well, such as having a staff on hand that can help with maintenance and repair. It is easy and quick to get a hold of the property manager to seek assistance in case of a water leak or heating going out. Although the apartment units typically look like one another, you do not have to worry about paying the homeowner’s association fees every month unlike when you buy a condo.
Apartments for rent are also available, and the prices are quite attractive. The average rental price for studio apartments is $2,567, while a one-bedroom unit is typically priced at $2,678. Two bedrooms are around $3,217, while you can find three-bedroom apartments that cost $4,093.
Most of the apartments in this town are pet-friendly, which is good news for those who have cats and dogs. These apartments allow pets based on some rules in size and sometimes the breed of the animal. If you are looking for an apartment in the area, be sure to inquire about the pet-friendliness of the building before you sign the agreement.
The apartments usually have a washer and a dryer in the units as well as air conditioning and heating. It is also easy to find apartments that have many community features, including a covered parking area, a clubhouse, a fitness center, and even high-speed Internet access. Some have additional features, including a resident lounge, a pet park, and a swimming pool for all the apartment owners to share.
Some of the best neighborhoods to check out in this town are West Ridge, Mohawk Street, Woodland Street, Norfolk Place, and Massapoag Avenue. All these areas have significant unit choices that range from studios to four-bedroom apartments.
There are also huge homes in the area, including those with six bedrooms and three baths. In fact, an apartment that was sold in January had 2,854 square feet of space for six beds and three bathrooms at 21 Summit Avenue. This particular property asked for $696,000 only. It is a Victorian home built in 1900 and was configured for two families living in the apartment.
Similarly, a property with six bedrooms and three baths, too, was sold for just $439,000. It was located at 10 Bradford Avenue and measured 2,368 square feet. Compared to the other homes and apartments in the other nearby towns, this area offers flexible choices for those who want many affordable options for living.
More about the Properties in the Area
This town has a hot market for the sellers, but it does not mean that it is not time for buyers to purchase a new home or multi-family property. The area has much to offer, whether it is a condo, apartment, or a single-family home. These choices have reasonable prices with amenities that will allow the new occupant to be more comfortable with where he or she is staying.
The homes are guaranteed to be in good shape, and all are well-maintained. Most of the properties are conveniently located nearby several establishments. Plus, if you find a two-family or a multi-family property, some of them can even be converted into a single-family house.
The area is one of the talked about places these days, especially when it comes to properties in the county because of some of the homes being sold here. For instance, the Bay Road home that is considered the one with the most prominent living space in town only asked for less than $2 million. The home features five beds with a master suite that makes up the whole top floor area. This particular property grabbed headlines because of its size and prize, along with the exciting amenities that include a media room, workout space, hot tub, waterfall, office, and an in-ground pool.
The town still has a lot to offer, so if you are searching for a new home in Massachusetts, it is undoubtedly one of the places worth checking out.
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