Living in Fairhaven, MA
Fairhaven, MA, offers a charming coastal lifestyle with beautiful waterfront views and a tight-knit community. Families benefit from local schools and parks, while outdoor activities abound in this picturesque town. Conveniently located near New Bedford, Fairhaven combines serene living with easy access to urban amenities.
Current Market Conditions in Fairhaven, MA
The real estate market in Fairhaven, MA, has been showing steady growth over the past few years, with a rising interest from both homebuyers and investors. Properties in this picturesque town remain competitive, drawing in buyers attracted to its laid-back lifestyle and scenic views.
As the market continues to develop, the demand for housing remains strong, especially in family-friendly neighborhoods. Investors can find various opportunities, from single-family homes to multi-family units, catering to different types of renters.
Home Value Estimator For Fairhaven, MA
There are currently 6,190 real estate properties
in Fairhaven, MA,
with a median automated valuation model (AVM) price
of $512,572.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fairhaven, 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 Fairhaven, MA,
is $558,876.00, with the most expensive house
in Fairhaven, MA, topping out
at $9,161,399.00 and the cheapest home
in Fairhaven, MA,
clocking in at $53,046.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fairhaven, MA!
Rent Prices
In Fairhaven, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fairhaven, MA, is on
a rollercoaster ride. The
average rent price in Fairhaven, MA,
is $1,661.00. Indeed, when looking to rent in
Fairhaven, MA, you can expect to pay as little
as $980.00 or as much
as $3,200.00,
with the average rent median estimated to
be $1,640.00. The good news is that finding
an affordable and desirable property to rent in Fairhaven, 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.
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