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Foreclosure Homes in Swampscott, MA

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Capstan-way-Swampscott-MA-01907
Bankruptcy

Capstan Way
Swampscott, MA 01907

2 Bed | 1.5 Bath | 1,144 Sq. Ft.

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Foreclosure Homes in Swampscott, MA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Swampscott, MA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Swampscott, MA and much more. Save thousands at closing with home foreclosure listings in Swampscott, MA — up to 75% off market value!


Top Reasons To Live In Swampscott, MA In 2021

Swampscott is located in Essex, Massachusetts, with an estimated municipal population of 15,002 residents. All of the best foreclosed homes for sale in Swampscott are located in the following zip code areas on Foreclosure.com: 01907. The estimated population per square kilometer (.62 miles) in Swampscott is 1,916.


Cost Of Living In Swampscott, MA

So, about how much do homes cost in Swampscott? The most recent median value of resident-owned homes in Swampscott is 474,981. An estimated 77.1 percent of households in Swampscott own their homes, with an average family size of 3.16. The median household income in Swampscott is 113,407, with56 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Swampscott, the median commute time of resident workers (in minutes) is 35.4. And last, but certainly not least, are you looking for homes to rent in Swampscott? If so, the average rent price paid by renters in Swampscott is 1,916, according to recent statistics.


Diversity And Demographics In Swampscott, 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 Swampscott, 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 Swampscott is 44.8, split between 45.9 percent male versus 54.1 female. The percentage of residents who report being married in Swampscott is 58.2, with an average family size of 3.16.

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

White 93.5%
Black / African American 1.5%
Asian 2.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.1%
Other 0.6%

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

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

Under 10 11.3%
Aged 10-19 12.3%
20s 10.2%
30s 9.8%
40s 14.7%
50s 15.7%
60s 13.6%
70s 6.5%
80+ 5.9%

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


Pros And Cons Of Living In Swampscott, Massachusetts

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

  • 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 Swampscott.


Reasons To Move To Swampscott, Massachusetts, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Swampscott can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Swampscott, meanwhile, can field multiple offers from more qualified buyers.

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