Medfield, MA Real Estate Trends
Medfield is a small town with a community of affluent residents. It is situated 17 miles southwest of Boston and borders the Charles River. With a population of just 12,024 according to the 2010 Federal Census, Medfield is home to predominantly middle-class families with children. Residents have all the amenities of the nearby city while enjoying the beauty and peace of a suburban lifestyle. Medfield properties in the area are generally in high demand because of the benefits for families.
If you are browsing the Medfield homes for sale, you will love the amenities this town has to offer. The city of Medfield focuses on children and family life. The schools are consistently rated highly and sports teams pride themselves on quality. There is a public and private school system, as well as a free public library and numerous cultural arts events throughout the year. Of note is the crime rate, which, at 0.54 percent is even lower than the state average of only 2.39 percent.
Demographic information can be helpful if you are looking at Medfield, MA homes for sale. The residents of Medfield are predominately college-educated professionals. The local real estate offerings provide easy access to many employment opportunities with local corporations and educational institutions. According to the most recent census data, the average household consists of three individuals. Over 73 percent of households were married couples and 50 percent of the total had minor children living at home. The median age of Medfield residents is 38. Over one-third of the population is under the age of 18 and fewer than 10 percent are over age 65.
The Medfield Real Estate Market
The average price per square foot for Medfield homes for sale was $207 as of September 2014. This is a decrease in comparison to the previous year, making now the perfect time to invest. Overall, the number of homes available has decreased, creating an increase in demand. Housing options include homes for sale by owners, as well as a few that are in various stages of bank foreclosure and resale. Listing prices for August 2014 averaged $871,960. Prices ranged from $350,000 to $1,100,000.
Whether you are in the market for a traditional single-family home, a condo, or a larger home with a lush green lawn, you can find what you are looking for with Medfield real estate.This safe and cozy community has quite a lot to offer a family.