Dedham, MA

Population: 25,299
Average annual home appreciation rate: 6.80%
Total of homes for sale in this market: 7
Median home price: $408,832
Median Rent: $1,691 per room
Home price range: 39.46% of homes are between $328,001 – $438,000
Median sales price: $455,000
Number of homes: 41
Median foreclosure sales price: $300,054
Foreclosure discount: 34%
Most common home type: 64.67% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.29%
Number of renters: 31.96%
Number of owner occupied: 68.04%
Number people living below poverty level: 4.31%
Unemployment rate: 4.00%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Dedham area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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