There are currently 5,268 real estate properties in Wilbraham, MA, with a median automated valuation model (AVM) price of $426,267.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wilbraham, 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 Wilbraham, MA, is $454,193.00, with the most expensive house in Wilbraham, MA, topping out at $3,130,554.00 and the cheapest home in Wilbraham, MA, clocking in at $80,352.00. In other words, there’s something for every potential homebuyer or savvy investor in Wilbraham, MA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wilbraham, MA, is on a rollercoaster ride. The average rent price in Wilbraham, MA, is $2,077.00. Indeed, when looking to rent in Wilbraham, MA, you can expect to pay as little as $1,290.00 or as much as $3,520.00, with the average rent median estimated to be $2,060.00. The good news is that finding an affordable and desirable property to rent in Wilbraham, 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.
Wilbraham is located in Hampden, Massachusetts, with an estimated municipal population of 14,638 residents. All of the best foreclosed homes for sale in Wilbraham are located in the following zip code areas on Foreclosure.com: 01095. The estimated population per square kilometer (.62 miles) in Wilbraham is 256.
So, about how much do homes cost in Wilbraham? The most recent median value of resident-owned homes in Wilbraham is 303,146. An estimated 88.1 percent of households in Wilbraham own their homes, with an average family size of 3.11. The median household income in Wilbraham is 109,191, with55.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wilbraham, the median commute time of resident workers (in minutes) is 28. And last, but certainly not least, are you looking for homes to rent in Wilbraham? If so, the average rent price paid by renters in Wilbraham is 666, according to recent statistics.
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 Wilbraham, 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 Wilbraham is 46.3, split between 46.1 percent male versus 53.9 female. The percentage of residents who report being married in Wilbraham is 54.9, with an average family size of 3.11.
The percentage of residents who report their race in Wilbraham is as follows:
| White | 93.4% |
| Black / African American | 3.2% |
| Asian | 0.9% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1.8% |
| Other | 0.7% |
Looking for family-friendly neighborhoods in and/or near Wilbraham? Or maybe you are searching for 55+ active adult communities in and/or near Wilbraham?
The percentage of residents who report their age in Wilbraham is as follows:
| Under 10 | 9.3% |
| Aged 10-19 | 13.4% |
| 20s | 9.3% |
| 30s | 11.7% |
| 40s | 10.9% |
| 50s | 16% |
| 60s | 14.3% |
| 70s | 9% |
| 80+ | 6.5% |
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 Wilbraham with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Wilbraham.
How do you know that living in -- or moving to -- Wilbraham is right where you need to be? Perhaps you grew up in Wilbraham or already live nearby; therefore, the decision to buy a home in Wilbraham is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Wilbraham 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 Wilbraham:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Wilbraham.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wilbraham can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wilbraham, meanwhile, can field multiple offers from more qualified buyers.
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