Upton, MA Real Estate

Located only 39 miles west of Boston, this town is a part of Worcester County. It is bordered by Hopkinton on the northeast and Grafton on the west. Westborough makes up the northern border, while Milford makes up the southeastern border. The town of Mendon is to the south. Meanwhile, Northbridge is on the southwest side of town.

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Residents typically move to this New England town because of its quaint charm and large lots. The area has zoning rules that require most properties to have at least 80,000 square feet of land. This works out to nearly two acres of space. In many cases, the lots are even larger than this. Anyone who buys land in the area can enjoy having exceptionally large home sites with a fairly rural ambiance.

While this would not be a good place for someone who wants metropolitan lifestyles and shopping malls, it is ideal for individuals who want a relaxed, peaceful environment. Even though this town has larger lots than average, it still has lower home prices than nearby towns like Hopkinton and Westborough. This suburban oasis has a home-town environment with a low population density and fairly low taxes.

The average home is available for $300,000 to $500,000. Some condominiums are available for as low as $200,000. Within the town, residents can find several different neighborhoods. One of the most popular is the Warren Woods subdivision, which is placed near the center of town. Meanwhile, other top neighborhoods like Goss Pond can be found near South Street. Even though these are popular neighborhoods, the homes are still available for a good price.

Right now, the vacancy rate is around 4 percent or less in the town. The median home in the area is 48 years old. Less than 20 percent of the residents rent their home instead of owning it. Because of the lower prices and low tax burden, the town is a popular investment choice for first-time buyers.

In the last year, the price of the median home has remained steady at $440,000. This is partly because larger, four-bedroom properties dropped 11.2 percent in price to reach $475,275. Meanwhile, one-bedroom, two-bedroom and three-bedroom homes actually gained significantly in value. Residents can expect to pay $380,000 for a one-bedroom house. Two-bedroom houses rose 80.9 percent in value over the last year to hit $336,000. Meanwhile, three-bedroom houses fetched a median price of $410,000.

Only two or three dozen homes are for sale at any given time in this area. Once someone moves to the town, they generally remain in the area for a long time. For investors and home buyers, right now is an excellent time to get into the marketplace. Many of the neighboring towns are watching their property values soar right now. Because of the larger lots, rural ambiance and excellent location, homes in this area are only expected to increase in price during the next few years.

Single-Family Houses for Sale

Residents in the area can find a number of different properties on the marketplace. There are townhomes, single-family properties and luxury estates available. For residential properties, residents can find relatively low prices. While the town experienced a boom during the 1990s and 200s like Westborough and Hopkinton, it retained lower prices than average.

Within this town, residents can find a similar home for less in this town than in neighboring areas. For a condominium, residents can expect to pay around $200,000 to $300,000. For a grand estate, the price range can go as high as $800,000. The majority of properties are available for prices ranging from $300,000 to $500,000.

Some of the homes in this area were built more than 200 years ago. As one of the areas that was first settled by colonists, this town has an impressive number of historic properties. Because these historic homes were often much larger than more modern buildings, some developers and investors have transformed them into apartment homes. Along Main Street, residents can see many examples of this type of transformation.

Whether residents want a charming cottage or a stately Colonial, this town has a wide variety of choices. Because it is a smaller town, buyers should keep in mind that only a few properties are available at any point in time. It is important to start researching the marketplace early in order to find the perfect home. In addition, investors and homeowners will want to find the right property quickly. Surrounding communities have already watched home values rise significantly in the last two years, and this town is already starting that trend as well.

Depending on what residents want, they can find homes with a number of different features. They can find private balconies, outdoor decks and fenced-in backyards. Within the home, residents will find amenities like spacious dens, stainless steel appliances, ceiling fans and gas fireplaces. These homes offer amenities that range from standard fare to exceptionally luxurious. As you might expect, the prices can vary as well.

Condos and Townhouses for Sale

While many of the residences in this town are large, single-family homes, there are also several condominium properties available. Residents can generally find luxury townhomes and condos near the city center. There are options ranging from luxury condos to 55+ communities. No matter what residents are looking for, they can find it within this town.

One of the newest condominium options is the Rockwood Meadows. This 55+ community boasts of townhouse-style condos with custom designs as well as free-standing homes. Within this subdivision, residents will find a total of 62 homes. These homes are available with two bedrooms and a two-car garage. Within the units, residents will discover open floor plans and hardwood floors. There are a total of five different layout styles. For community amenities, residents can check out the walking trail, fitness room, scenic pond or clubhouse. Surrounded by natural woodlands, this property offers beautiful views from many of the units.

There are a select number of townhomes and condos throughout the town. For the most part, this city focuses on single-family homes on large plots. In other cities, residents buy condos as a way to save on costs and avoid maintenance repairs. In this town, the same purchase price can buy a large home with a spacious backyard and multiple bedrooms. Because of this, residents will generally find standard homes and luxury estates in this area.

Apartments in the Area

Residents can enjoy having lower rental prices than can be found in other suburbs. Within this city, the median rental price is just $906. While rent is lower than in the big city or in larger suburbs, there is only one apartment complex that offers affordable housing.

At 134 Main Street, residents will find the Millhaus Apartments. Encompassing a total of 89 affordable housing units, this property was originally constructed in 1890. In 1982, it was completely renovated. This complex includes five stories of space and an on-site clubhouse. Equipped with on-site parking, these units boast of high-speed internet access.

A number of the rental properties in the area are designed in converted houses. Many of the historic buildings are large enough to make multiple renting units. One example of this kind of property can be found at 145 Main Street. Known as the Knowlton Manor, this property was originally constructed in 1880. Standing three stories high, it includes a total of 10 units. Within the complex, residents will find planned social activities, a clubhouse and high-speed internet access.

Other homes along Main Street have been renovated to create rental units. At 142 Main Street, residents can find five rental units. Constructed in 1825, this rental property stands just three stories tall. Tenants can enjoy having an on-site parking lot.

At 164 Main Street, tenants will find a fairly spacious rental property. Encompassing two stories in height, this complex includes six units. Within this boutique building, tenants will find newer architecture than can be found in the more historic complexes. This particular property was constructed in just 1962.

For a more traditional renting experience, residents can check out the gorgeous Upton Inn. This rental complex is located at 135 Main Street. Tenants at the property can select from one-bedroom and two-bedroom layouts. Boasting of professionally landscaped grounds, this property offers updated interiors. Constructed in 1911, the charming property includes 34 units and a pet-free policy. Encompassing a total of four stories in height, this complex boasts of on-site laundry facilities and high-speed internet access. Because of its popularity, this complex typically has a wait list for prospective tenants.

For a charming, modern apartment, residents can check out 30 Brooks Street. Units at this property are conveniently close to the Massachusetts Turnpike and Storrow Drive. Within the unit, residents will find large bedrooms and a sunny living room. Equipped with a three-seasons porch, these units include eat-in kitchens, hardwood floors and dishwashers.

Meanwhile, there are a number of apartments available in smaller homes throughout the community. These charming apartment homes help the town retain its rural character. Instead of constructing gigantic complexes and busy thoroughfares, the apartments are installed within stately, older mansions. From the exterior, they look like any other home from the 1800s and 1900s. Once residents go inside, they will see that the interior has been divided into separate units.

When it comes to the historic ambiance and unique amenities, these apartments are some of the best in the area. Residents can find all of the amenities that they need within this community.

Recent Housing and Rental Market News

Within this community, residents can find several new subdivisions and neighborhoods. One of the latest neighborhoods is the Crosswinds. This neighborhood is made up of Dogwood Drive and Blueberry Lane. All of the homes are less than a few years old. Since one of the streets is not a through street, it is the perfect place for residents to relax without having to worry about vehicles rushing past.

Within this quiet neighborhood, residents can find large homes on nearly two acres of land each. The neighborhood regularly hosts block parties and community events. Placed close to Route 140 and Interstate 495, the Crosswinds is conveniently located near the center of town. Residents can enjoy having two-car garages, over-sized windows and luxury finishes within their homes.

A number of developments are in the works for this thriving community. In an effort to make more open space, the community is buying 60 percent of the land at Sweet William Farm. An additional 30 percent will be preserved through a conservation restriction. Once the project is complete, it will be used as a nature area and open space for the town. The town is also considering using the Stefans Farm property and a parcel on Mill Pond for recreational options.

New developments in the area are also taking place in recreation spaces and athletic fields. The Veterans Playground, the Warren Brook Conservation area, Kiwanis Beach and Leland Field are all getting some type of update in the coming months. In addition, the community has created a fund for creating a parking area and access road at the Kiwanis Beach's soccer field.

While the project will not be underway for a while, the community is also investigating new ways to bring affordable housing into the community. Recently, the community gave the Affordable Housing Trust $200,000 to look at new opportunities for the community.

The community may be making room for new developments and modern amenities, but that does not mean that its historic character will suffer. Recently, the town voted on several historic preservation projects. The town hall will be completely rehabilitated and renovated with a $2,000,000 grant. Meanwhile, repair work was done at the Historic Ball School and First Cemetery.

With its charming history and modern amenities, this town is a top destination for commuters and residents. The newer developments are perfect for newcomers to the area who want to socialize with neighbors and get to know the town. Known for its large property sizes, this town is a commuter's dream home. Between an excellent location and relatively low prices, this property is an excellent investment choice for first-time buyers and investors.

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