Wakefield Condos

Wakefield, located in Middlesex County, is part of the Greater Boston metropolitan area. It is located 12.5 miles north-northwest of downtown Boston. The city includes these neighborhoods:

Click Here to Search

sales

Montrose

Most housing units are owner-occupied with a vacancy rate of 2.4-percent and were built between 1940 and 1999.
Median real estate price -- $576,056 -- higher than 77.7-percent of Massachusetts neighborhoods and 89.3-percent of neighborhoods nationwide.
Mostly three or more bedroom single-family homes.
Average rental price -- $2,054 -- lower than 31.1-percent of Massachusetts neighborhoods.
Mostly studio to two bedroom apartment complexes and high-rise apartments.
Commute time 45 to 60 minutes.

Town Center

Most housing units are a mixture of owner-occupied and renter-occupied with a vacancy rate of 4.7-percent and were built pre-1939 and between 1940 and 1969.
Median real estate price -- $535,789-- higher than 73.0-percent of Massachusetts neighborhoods and 87.4-percent of neighborhoods nationwide.
Mostly three or more bedroom single-family homes.
Average rental price -- $1,824 -- lower than 46.1-percent of Massachusetts neighborhoods.
Mostly studio to two-bedroom small apartment buildings.
Commute time 30 to 45 minutes.

Gazebo Circle and Hopkins Street

Most housing units are owner-occupied with a vacancy rate of 3.6-percent and were built between 1940 and 1969 and pre-1939.
Median real estate price -- $514,747 -- higher than 70.5-percent of Massachusetts neighborhoods and 86.6-percent of neighborhoods nationwide.
Mostly three or more bedroom single-family homes.
Average rental price -- $1,866 -- lower than 83.8-percent of Massachusetts.
Mostly studio to two-bedroom small apartment buildings.
Commute time 15 to 30 minutes.

Greenwood

Most housing units are owner-occupied with a vacancy rate of 3.0-percent and were built pre-1939 and between 1940 and 1969.
Median real estate price -- $505,149 -- higher than 69.3-percent of Massachusetts neighborhoods and 86.2-percent of neighborhoods nationwide.
Mostly three or more bedroom single-family homes.
Average rental price -- $2,197 -- lower than 23.7-percent of Massachusetts neighborhoods.
Mostly three or more bedroom apartment complexes and high-rise apartments.
Commute time 15 to 30 minutes

Main Street and Nathan Street

Most housing units are a mixture of owner-occupied and renter-occupied with a vacancy rate of 4.1-percent and were built pre-1939 and between 1940 and 1969.
Median real estate price -- $473,694 -- higher than 64.5-percent of Massachusetts neighborhoods and 84.5-percent of neighborhoods nationwide.
Mostly three or more bedroom single-family homes.
Average rental price -- $1,966 -- lower than 38.9-percent of Massachusetts neighborhoods.
Mostly studio to two-bedroom small apartment buildings.
Commute time 15 to 30 minutes.

There are 10,122 housing units available in the city overall of which owner-occupied units account for 72.7-percent. The median home value of $514,747 includes an appreciation rate of 72.62-percent since 2000, which accounts for an average rise in property values of 3.8-percent per year. Homes built pre-1939 and between 1940 and 1969 comprise the biggest share of available housing units. Pre-1939 housing units account for 36.1-percent; housing units built between 1940 and 1969 account for 36.7-percent; housing units built between 1970 and 1999 account for 18.6-percent; and housing units built since 2000 account for 8.5-percent. Single family housing accounts for 60.9-percent of the housing units; townhomes account for 3.2-percent of the housing units; small apartment buildings account for 20.9-percent of the housing units; apartment complexes account for 14.9-percent of the housing units; and other housing units account for 0.1-percent of the housing. The monthly median rent is $1,966.

This city is home to 26,753 people, 88.16-percent of whom work in white-collar jobs with more of the workforce working in the areas of mathematics and computers than 95-percent of the cities nationwide. The town is comprised of Urban Sophisticates who read, travel, and support the arts. Those residents with a bachelor's degree or higher comprise 49.53-percent of the population. Residents commute an average of 31.53 minutes to work. Residents can use the MBTA bus and commuter rail system. Overall the per capita income was $43,601 according to the 2010 census. and $90,911 was the median household income.

Overall, this city has a higher owner-occupied rate and a low vacancy rate, so the market for condos to buy or rent is going to be somewhat competitive. Our agents will know quickly when one is put on the market in this city because of our large database. Our agents can do a market analysis of the property for you depending on whether you want it for a residence or an investment. Our agents can advise you on trends in the market, any local building restrictions, and potential development. They can inform you of properties in nearby areas where the market is less competitive. If you want the property for investment, they can advise you whether the property would give you the best return on your investment and what the occupancy rate could be. To try to prevent you from entering a bidding war or paying too much, our agents can help you make an offer and negotiate with the seller. Our goal as your buyer representative is to ensure that your purchase sets the groundwork for a successful future.

If you have property you are considering selling, one of our agents can analyze the market and market trends to see if it is a good time to sell. Our agent can compare the offers made for your property and recommend what offers to consider based on the offer and the potential buyer's ability to close quickly. If the sale of another property is necessary before a buyer can close on your property, you may want to select another offer. Letting one of our agents represent you as a seller's agent, provides you with the assistance you need to make a quick, successful sale.

For the best results in this competitive market, contact us to buy or list a condo in Wakefield.

Condo Developments

Click Here
to Search

sales

Click Here
to Search

rentals