Wareham Condos
Wareham, located west of Cape Cod on Buzzards Bay in Plymouth County, is 55 miles south-southeast of Boston and 45 miles east of Providence, Rhode Island. The city includes these neighborhoods:
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Town Center
- Most housing units are a mixture of owner-occupied and renter-occupied with a vacancy rate of 29.5-percent and a 29.2 seasonal occupancy rate. They were built between 1940 and 1969 and pre-1939.
- Median real estate price -- $356,622 -- higher than 49.2-percent of Massachusetts neighborhoods and 40.2-percent of neighborhoods nationwide.
- Mostly three- to four-bedroom single-family homes.
- Average rental price -- $1,443 -- lower than 71.4-percent of Massachusetts neighborhoods.
- Mostly studio to two bedroom apartment complexes and high-rise apartments.
- Commute time 15 minutes.
Onset
- Most housing units are owner-occupied with a vacancy rate of 43.2-percent and a 37.1-percent seasonal occupancy. They were built between 1940 and 1969 and pre-1939.
- Median real estate price -- $349,360 -- higher than 38.5-percent of Massachusetts neighborhoods and 73.4-percent of neighborhoods nationwide.
- Mostly three to four-bedroom single-family homes.
- Average rental price -- $1,556 -- lower than 64.3-percent of Massachusetts neighborhoods.
- Mostly studio to two-bedroom small apartment buildings.
- Commute time 15 minutes.
White Island Shores
- Most housing units are owner-occupied with a vacancy rate of 29.2-percent and 23.1 seasonal occupancy. They were built between 1940 and 1999.
- Median real estate price -- $282,674 -- higher than 24.4-percent of Massachusetts neighborhoods and 24.4-percent of neighborhoods nationwide.
- Mostly three to four-bedroom single-family homes.
- Average rental price -- $1,833 -- lower than 45.4-percent of Massachusetts.
- Mostly studio to two-bedroom small apartment complexes and mobile homes.
- Commute time 15 to 30 minutes.
West Side and Weweantic
- Most housing units are owner-occupied with a vacancy rate of 13.1-percent and were built since 1970.
- Median real estate price -- $276,454 -- higher than 25.2-percent of Massachusetts neighborhoods and 25.2-percent of neighborhoods nationwide.
- Mostly three to four-bedroom single-family homes.
- Average rental price -- $1,814 -- lower than 46.7-percent of Massachusetts neighborhoods.
- Mostly studio to two-bedroom small apartment buildings and mobile homes
- Commute time 15 minutes
There are 9,254 housing units available in the city overall of which owner-occupied units account for 75.9-percent. The vacancy rate is 28.8-percent. The median home value of $281,674 includes an appreciation rate of 65.38-percent since 2000, which accounts for an average rise in property values of 2.83-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 21.4-percent; housing units built between 1940 and 1969 account for 34.1-percent; housing units built between 1970 and 1999 account for 32.1-percent; and housing units built since 2000 account for 12.3-percent. Single family housing accounts for 77.4-percent of the housing units; townhomes account for 3.6-percent of the housing units; small apartment buildings account for 6.2-percent of the housing units; apartment complexes account for 5.8-percent of the housing units; and mobile homes account for 7.0-percent of the housing units. The monthly median rent is $1,814.
This city is home to 22,601 people, who work in white-collar and blue-collar jobs. Those residents with a bachelor's degree or higher comprise 23.54-percent of the population. Residents commute an average of 27.3 minutes to work. Overall the per capita income was $31,381 according to the 2010 census, and $65,641 was the median household income.
Most areas of the city are owner-occupied and some are renter-occupied with high vacancy rates throughout the city. There is also a large seasonal population, so hiring a real estate agent to advise you on purchasing a condo in this city, especially for investment, would be a wise choice. Our agents will be able to show you all the properties available because of our large database. Our agents can do a market analysis of properties for you depending on whether you want it for a residence or an investment. They can advise you on trends in the market, any local building restrictions, and potential development. They can also show you properties in other areas. 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 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 is your best choice.
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. They can help you set a price with room for negotiation, create a marketing plan, and market your property so that you get the best return. 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 assistance in this city where the market has so many vacancies, contact us to buy or list a condo in Wareham.
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