Waltham, MA

Population: 62,227
Average annual home appreciation rate: 6.54%
Total of homes for sale in this market: 6
Median home price: $443,199
Median Rent: $1,563 per room
Home price range: 34.24% of homes are between $333,001 – $444,000
Median sales price: No data
Number of homes: 50
Median foreclosure sales price: $388,000
Foreclosure discount: No data
Most common home type: 38.66% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.72%
Number of renters: 56.55%
Number of owner occupied: 43.45%
Number people living below poverty level: 10.10%
Unemployment rate: 3.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Waltham 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.

Leave a Reply

Your email address will not be published. Required fields are marked *