Waltham, MA Local Area Information

About Area

Waltham was first settled in 1634 as part of Watertown and was officially incorporated as a separate town in 1738. In the early 19th century, Francis Cabot Lowell and his friends and colleagues established in Waltham the Boston Manufacturing Company – the first integrated textile mill in the United States. The city is home to a number of large estates, including Gore Place, a mansion built in 1806 for former Massachusetts governor Christopher Gore; the Robert Treat Paine Estate, a residence designed by architect Henry Hobson Richardson and landscape architect Frederick Law Olmsted for philanthropist Robert Treat Paine, Jr. (1810–1905); and the Lyman Estate, a 400-acre (1.6 km2) estate built in 1793 by Boston merchant Theodore Lyman. In the late 19th and early 20th century, Waltham was home to the brass era automobile manufacturer Metz, where the first production motorcycle in the U.S. was built. Waltham is the home of the Walter E. Fernald State School, the western hemisphere's oldest publicly funded institution serving people with developmental disabilities. The storied and controversial history of the institution has long been covered by local and at times, national media. Courtesy of http://en.wikipedia.org

Real Estate Market Stats

Zillow Home Value Index: $590,100

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $590,100 $218,000
Median Single Family Home Value $612,600 $217,100
Median Condo Value $470,300 $229,000
Median 2-Bedroom Home Value $512,900 $167,500
Median 3-Bedroom Home Value $604,000 $210,600
Median 4-Bedroom Home Value $674,900 $338,800
Percent Homes Decreasing 6.8% 21%
Percent Listing Price Reduction 13.3% 16.8%
Median List Price Per Sq Ft $357 $135
Median List Price $598,900 $278,900
Median Sale Price $524,000 $231,700
Homes For Sale 129 2,652,969
Homes Recently Sold 129 2,652,969
Property Tax $4,729 $2,147
Turnover (Sold Within Last Yr.) 0.3% 2.9%
Median Value Per Sq Ft $351 $150
1-Yr. Change 8.3% 8%
Homes For Sale By Owner 1 112,235
New Construction 4 209,874
Foreclosures 0 13,717

Walk Score

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