Fitchburg, MA Foreclosures
How much do homes sell for in Fitchburg, MA?
The average home price is currently $433,174.
In Fitchburg, MA, how many homes are available?
There are currently 59 active home listings available in Fitchburg.
What’s the average rental cost in Fitchburg, MA?
The average rental price in Fitchburg is $1,361.
What is the most expensive home in Fitchburg?
The most expensive home sold in Fitchburg had a price of $10,008,835.
What is currently the cheapest priced home in Fitchburg, MA?
The cheapest home for sale in Fitchburg is priced at $10,480.
Living in Fitchburg, MA
Fitchburg, located in north-central Massachusetts, is a city rich in history and culture. With a diverse community and a blend of urban and rural elements, Fitchburg offers a vibrant lifestyle, ample outdoor activities, and a thriving arts scene. Its affordable housing options and local amenities make it an attractive choice for families and young professionals alike.
Current Market Conditions in Fitchburg, MA
Fitchburg's real estate market is showing signs of robust growth, with increased interest from both first-time homebuyers and investors. The city's affordable price point and ongoing urban development projects, including improvements in local infrastructure and community spaces, have attracted new residents.
Over the past month, the market has seen a slight uptick in average home prices, signaling a competitive environment for potential buyers. The number of properties sold has increased due to low mortgage rates and a growing demand for homes in the area. Multiple offer situations have become more common, especially for well-priced listings.
Year-over-year, Fitchburg's real estate market has appreciated steadily, with an average increase of approximately 8% in home values as the area becomes increasingly desirable due to its amenities, schools, and community features.
Home Value Estimator For Fitchburg, MA
There are currently 10,538 real estate properties
in Fitchburg, MA,
with a median automated valuation model (AVM) price
of $413,045.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fitchburg, 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 Fitchburg, MA,
is $433,174.00, with the most expensive house
in Fitchburg, MA, topping out
at $10,008,835.00 and the cheapest home
in Fitchburg, MA,
clocking in at $10,480.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fitchburg, MA!
Rent Prices
In Fitchburg, MA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fitchburg, MA, is on
a rollercoaster ride. The
average rent price in Fitchburg, MA,
is $1,361.00. Indeed, when looking to rent in
Fitchburg, MA, you can expect to pay as little
as $650.00 or as much
as $3,000.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Fitchburg, 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.
Learn more on Foreclosure homes
