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Cheap Homes in Waltham, MA

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Top Reasons To Live In Waltham, MA In 2024

Waltham is located in Middlesex, Massachusetts, with an estimated municipal population of 62,495 residents. All of the best foreclosed homes for sale in Waltham are located in the following zip code areas on Foreclosure.com: 02452 02451 02453 02454 02455. The estimated population per square kilometer (.62 miles) in Waltham is 1,893.


Cost Of Living In Waltham, MA

So, about how much do homes cost in Waltham? The most recent median value of resident-owned homes in Waltham is 536,293. An estimated 51.7 percent of households in Waltham own their homes, with an average family size of 3.02. The median household income in Waltham is 95,964, with47.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Waltham, the median commute time of resident workers (in minutes) is 25.8. And last, but certainly not least, are you looking for homes to rent in Waltham? If so, the average rent price paid by renters in Waltham is 1,726, according to recent statistics.


Diversity And Demographics In Waltham, 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 Waltham, 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 Waltham is 34.3, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Waltham is 39.9, with an average family size of 3.02.

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

White 71.9%
Black / African American 7.1%
Asian 11.7%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.8%
Other 5.1%

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

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

Under 10 8.1%
Aged 10-19 11.6%
20s 21.3%
30s 17.7%
40s 11.8%
50s 10.5%
60s 9.6%
70s 6%
80+ 3.5%

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


Pros And Cons Of Living In Waltham, Massachusetts

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

  • 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 Waltham.


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

Cheap Homes in Waltham, MA


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