Real Estate Market Update for 02180 (Stoneham, MA)
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Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 21% from one year earlier and up 13% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just under 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 51% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 290-thousand dollars. Overall, The number of units sold Decreased 8% year-over-year and Decreased 14% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 02180 (Stoneham, MA)
Area Information for 02180 (Stoneham, MA)
  • Community Character: Low Residential Turnover, Suburb of Boston
  • Population: 21,605
  • Median Age: 37.52 yr
  • Median Commute Time: 22.57 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 122
  • Sales Tax: 5%
  • Population Density: 3,313/sq mi
  • Population Change Since 2000: -2%
  • Closest Airport: General Edward Lawrence Logan International
  • Closest College: Tufts University
  • Closest Jr. College: Itt Technical Institute
  • Median Household Income: $76,518
  • Annual Residential Turnover: 12.86%
  • Median Years in Residence: 6.98 yr
  • Median Home Sales Price: $318,500
  • Closest Major Sports Team: Boston Celtics / Boston Bruins
  • Change Avg. Household Income Since 2000: 34%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 02180 (Stoneham, MA)
Median Age: 37.52 Married: 45% Number of Households: 9,109 Households with Children: 2,916
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 02180 (Stoneham, MA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      South Elementary School 0.2 mi Public K - 5 3-5 4
      St Patrick Elementary School 0.4 mi Catholic K - 8 0 0
      Stoneham High School 0.4 mi Public 9 - 12 3-5 0
      Central Elementary School 0.5 mi Public K - 5 2-5 4
      Edgewood Greater Boston Academy 0.6 mi Private K - 12 0 0
      Stoneham Middle School 0.7 mi Public 5 - 8 3-5 0
      Colonial Park Elementary School 0.8 mi Public K - 5 4 4
      Robin Hood Elementary School 1.3 mi Public K - 5 4-5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for 02180 (Stoneham, MA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.