Cheap Homes in Stoneham, MA

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Top Reasons To Live In Stoneham, MA In 2024

Stoneham is located in Middlesex, Massachusetts, with an estimated municipal population of 23,223 residents. All of the best foreclosed homes for sale in Stoneham are located in the following zip code areas on 02180. The estimated population per square kilometer (.62 miles) in Stoneham is 1,490.

Cost Of Living In Stoneham, MA

So, about how much do homes cost in Stoneham? The most recent median value of resident-owned homes in Stoneham is 496,677. An estimated 65.4 percent of households in Stoneham own their homes, with an average family size of 2.99. The median household income in Stoneham is 101,549, with50.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Stoneham, the median commute time of resident workers (in minutes) is 30.2. And last, but certainly not least, are you looking for homes to rent in Stoneham? If so, the average rent price paid by renters in Stoneham is 1,483, according to recent statistics.

Diversity And Demographics In Stoneham, 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 Stoneham, 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 Stoneham is 43.8, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Stoneham is 55.2, with an average family size of 2.99.

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

White 90.4%
Black / African American 3%
Asian 4.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 1%

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

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

Under 10 10.6%
Aged 10-19 7.8%
20s 11.8%
30s 14%
40s 13.6%
50s 14.1%
60s 13.6%
70s 7.8%
80+ 6.9%

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

Pros And Cons Of Living In Stoneham, Massachusetts

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

  • 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 Stoneham.

Reasons To Move To Stoneham, 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 Stoneham can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Stoneham, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Stoneham, MA


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