Foreclosures in Greenfield, MA

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View this home at Conway St Greenfield MA 01301
Conway St
Greenfield, MA 01301
AUCTION: 04-24-2024
3 View this home at Chapman St Greenfield MA 01301
$299,012 EMV
Chapman St
Greenfield, MA 01301
3 |
EST. RENT: $1,630
AUCTION: 04-24-2024
3 |
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Home Value Estimator For Greenfield, MA

There are currently 5,248 real estate properties in Greenfield, MA, with a median automated valuation model (AVM) price of $305,685.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Greenfield, 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 Greenfield, MA, is $326,965.00, with the most expensive house in Greenfield, MA, topping out at $1,771,074.00 and the cheapest home in Greenfield, MA, clocking in at $35,242.00. In other words, there’s something for every potential homebuyer or savvy investor in Greenfield, MA!

Rent Prices In Greenfield, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Greenfield, MA, is on a rollercoaster ride. The average rent price in Greenfield, MA, is $1,499.00. Indeed, when looking to rent in Greenfield, MA, you can expect to pay as little as $910.00 or as much as $2,610.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Greenfield, 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.

Top Reasons To Live In Greenfield, MA In 2024

Greenfield is located in Franklin, Massachusetts, with an estimated municipal population of 17,258 residents. All of the best foreclosed homes for sale in Greenfield are located in the following zip code areas on 01301. The estimated population per square kilometer (.62 miles) in Greenfield is 311.

Cost Of Living In Greenfield, MA

So, about how much do homes cost in Greenfield? The most recent median value of resident-owned homes in Greenfield is 193,901. An estimated 56.3 percent of households in Greenfield own their homes, with an average family size of 2.8. The median household income in Greenfield is 50,478, with20 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Greenfield, the median commute time of resident workers (in minutes) is 19.9. And last, but certainly not least, are you looking for homes to rent in Greenfield? If so, the average rent price paid by renters in Greenfield is 926, according to recent statistics.

Diversity And Demographics In Greenfield, Massachusetts

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Greenfield, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Greenfield is 43.7, split between 49.7 percent male versus 50.3 female. The percentage of residents who report being married in Greenfield is 40.3, with an average family size of 2.8.

The percentage of residents who report their race in Greenfield is as follows:

White 90.5%
Black / African American 2.3%
Asian 1.3%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.5%
Other 3.4%

Looking for family-friendly neighborhoods in and/or near Greenfield? Or maybe you are searching for 55+ active adult communities in and/or near Greenfield?

The percentage of residents who report their age in Greenfield is as follows:

Under 10 8.7%
Aged 10-19 10.3%
20s 11.7%
30s 14.6%
40s 13.4%
50s 12.8%
60s 14.1%
70s 8.6%
80+ 5.8%

Best Schools In Greenfield, Massachusetts

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Greenfield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Greenfield.

Pros And Cons Of Living In Greenfield, Massachusetts

How do you know that living in -- or moving to -- Greenfield is right where you need to be? Perhaps you grew up in Greenfield or already live nearby; therefore, the decision to buy a home in Greenfield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Greenfield for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Greenfield:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Greenfield.

Reasons To Move To Greenfield, Massachusetts, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Greenfield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Greenfield, meanwhile, can field multiple offers from more qualified buyers.

Greenfield, MA Foreclosures


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