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Why Live in Methuen

Methuen, Massachusetts, is a growing Merrimack Valley community with deep industrial roots and a modern focus on economic development and infrastructure. Once a mill town along the Merrimack River, it has shifted toward a business-friendly environment with tax incentives for companies and a steady job market supported by employers like Holy Family Hospital, The Loop, Market Basket, New Balance, and Heavenly Donuts. Housing ranges from early 1900s homes to newer condominiums and townhouses, with three main sections: a denser downtown with more multi-family buildings, and the East End and West End, where single-family homes are more common and some West End properties sit along the water. Methuen Public Schools have a solid overall rating, and the district’s K–8 academies feed into a single high school, while several private religious schools and nearby colleges within 22 miles expand education options. Outdoor attractions include miles of forest trails, the 55-acre Forest Lake for swimming and fishing, Greycourt State Park with its historic estate and festivals, and the Methuen Rail Trail connecting to neighboring communities. Retail and entertainment center around The Loop’s shops, restaurants, and movie theater, Jay Gee’s Ice Cream and Fun Center, and historic sites in the Searles Tenney Nevins Historic District. Annual events like Methuen Day and the Methuen Festival of Trees draw residents together, while regional transit, nearby airports, and local healthcare facilities add convenience, even as frequent rain, snow, and humidity require attention to flooding and home maintenance.

Home Prices in Methuen, MA

Home Price Trends

Median Sale Price
$590,000
Median Single Family Sale Price
$619,950
Median Townhouse Sale Price
$715,000
Median 2 Bedroom Sale Price
$419,900
Median 1 Bedroom Sale Price
$329,712
Average Price Per Sq Ft
$335
Number of Homes for Sale
62
Last 12 months Home Sales
392
Months of Supply
1.90
Median List Price
$599,450
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
3%
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