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Cheap Homes in North Adams, MA

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12 Montgomery-st-North-adams-MA-01247
Fixer Upper
$35,000 List Price

Montgomery St
North Adams, MA 01247

2 Bed | 1 Bath | 1,212 Sq. Ft.

Displaying 1 - 1 of 1
 

Home Value Estimator For North Adams, MA

There are currently 2,610 real estate properties in North Adams, MA, with a median automated valuation model (AVM) price of $153,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Adams, 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 North Adams, MA, is $167,535.00, with the most expensive house in North Adams, MA, topping out at $1,450,000.00 and the cheapest home in North Adams, MA, clocking in at $62,700.00. In other words, there’s something for every potential homebuyer or savvy investor in North Adams, MA!


Rent Prices In North Adams, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Adams, MA, is on a rollercoaster ride. The average rent price in North Adams, MA, is $1,073.00. Indeed, when looking to rent in North Adams, MA, you can expect to pay as little as $700.00 or as much as $1,810.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in North Adams, 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.


Foreclosure Homes in North Adams, MA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the North Adams, MA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in North Adams, MA and much more. Save thousands at closing with home foreclosure listings in North Adams, MA — up to 75% off market value!


Top Reasons To Live In North Adams, MA In 2021

North Adams is located in Berkshire, Massachusetts, with an estimated municipal population of 12,730 residents. All of the best foreclosed homes for sale in North Adams are located in the following zip code areas on Foreclosure.com: 01247. The estimated population per square kilometer (.62 miles) in North Adams is 241.


Cost Of Living In North Adams, MA

So, about how much do homes cost in North Adams? The most recent median value of resident-owned homes in North Adams is 136,783. An estimated 57.4 percent of households in North Adams own their homes, with an average family size of 2.8. The median household income in North Adams is 41,471, with15.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in North Adams, the median commute time of resident workers (in minutes) is 18.4. And last, but certainly not least, are you looking for homes to rent in North Adams? If so, the average rent price paid by renters in North Adams is 757, according to recent statistics.


Diversity And Demographics In North Adams, 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 North Adams, 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 North Adams is 42.4, split between 49.9 percent male versus 50.1 female. The percentage of residents who report being married in North Adams is 35.1, with an average family size of 2.8.

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

White 88.7%
Black / African American 1.7%
Asian 1%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 5.3%
Other 2.7%

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

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

Under 10 10%
Aged 10-19 12.3%
20s 15.2%
30s 10.3%
40s 10.5%
50s 14.6%
60s 13.5%
70s 8.9%
80+ 4.6%

Best Schools In North Adams, 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 North Adams with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in North Adams.


Pros And Cons Of Living In North Adams, Massachusetts

How do you know that living in -- or moving to -- North Adams is right where you need to be? Perhaps you grew up in North Adams or already live nearby; therefore, the decision to buy a home in North Adams is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to North Adams 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 North Adams:

  • 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 North Adams.


Reasons To Move To North Adams, Massachusetts, In 2021

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

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