There are currently 4,778 real estate properties in Chestnut Hill, MA, with a median automated valuation model (AVM) price of $1,297,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chestnut Hill, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chestnut Hill, MA, is $1,411,779.00, with the most expensive house in Chestnut Hill, MA, topping out at $14,000,000.00 and the cheapest home in Chestnut Hill, MA, clocking in at $246,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Chestnut Hill, MA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chestnut Hill, MA, is on a rollercoaster ride. The average rent price in Chestnut Hill, MA, is $3,556.00. Indeed, when looking to rent in Chestnut Hill, MA, you can expect to pay as little as $1,480.00 or as much as $6,380.00, with the average rent median estimated to be $3,550.00. The good news is that finding an affordable and desirable property to rent in Chestnut Hill, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.