Foreclosure Homes in Revere, MA 02151

Current Market Conditions in Revere, MA

The real estate market in Revere has experienced gradual growth over the past year, characterized by rising home values and increased demand for properties. With its proximity to Boston and ongoing urban development, the city's appeal has surged, drawing families and first-time homebuyers looking for affordable options near the city.

There has been a noticeable increase in home sales, and properties are spending less time on the market due to the competition. This trend reflects the increasing popularity of Revere as a desirable living location, driven also by its extensive amenities and recreational options.

Rent Prices In Revere, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Revere, MA, is on a rollercoaster ride. The average rent price in Revere, MA, is $2,158.00. Indeed, when looking to rent in Revere, MA, you can expect to pay as little as $1,210.00 or as much as $4,100.00, with the average rent median estimated to be $2,180.00. The good news is that finding an affordable and desirable property to rent in Revere, 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.