Real Estate Trends in Blackstone, MA
If you’re looking for more elbow room and reasonable housing prices in Western Massachusetts, Blackstone may be a good place to start looking. Located in Worcester County close to the Rhode Island border, Blackstone is a hidden gem with a lot of small town charm. But is it right for you? Below you’ll find some demographic and real estate trends to help you decide if you should look at Blackstone properties.
Blackstone, MA Demographics
Blackstone has a population of just over 9,000 people, and that population has remained fairly stable for the past several decades. With its low crime rates and quiet setting, Blackstone often appeals to families with young children. In fact, almost a third of all Blackstone homes are occupied by married couples with children, while almost 30% of houses are occupied by married couples without children, and about 20% are one-person households.
The town is made up of a mix of white-collar and blue-collar workers. Manufacturing is a big employment industry for residents, but there are also many people who work in education, retail, and construction. The majority of residents drive to work outside of Blackstone, and the average commute time is half an hour.
According to City-Data, the median household income for Blackstone residents in 2012 was $72,022, while the median per capita income was $27,874.
Blackstone, MA Real Estate
If you’ve lived in or searched for houses in the greater Boston area, you may be surprised at just how much less expensive housing is in Blackstone—and how much more square footage you get for your money. The median value of a Blackstone house or condo is $250,476, and the median house size is 1,798 square feet. Most houses also come with large yards and may be bordered by mature trees, giving residents some privacy and breathing room.
You won’t find large apartment complexes in Blackstone, but if you’re interested in renting, you can find Blackstone apartments within medium and large multi-family homes. Most of these units have between one and three bedrooms, and rent per unit is about $825 on average.
As far as architectural style goes, Colonials dominate the housing landscape in Blackstone. Many of these Blackstone homes for sale were built in the early or mid-twentieth century, although there has also been some more recent development. One of the most notable developments is the upscale Sycamore Park Estates subdivision, which consists mostly of 4 bedroom, 2.5 bath Colonials listed in the range of $380,000-$440,000. Open houses in this subdivision began in January 2015.
Welcome to Blackstone
If the great housing prices and rural setting of Blackstone sound appealing to you, start your housing search today. A CENTURY 21 Commonwealth realtor can help you find the ideal Blackstone home for you and your family.