Why Live in Waltham
Waltham's historic Moody Street district buzzes with an eclectic mix of restaurants, from authentic Cuban cuisine at Gustazo to upscale Northern Italian dining at Il Capriccio. The city's extensive park system includes the scenic Prospect Hill Park with hiking trails and panoramic views, plus the Upper Charles River Reservation's waterfront paths. Cultural attractions abound at Gore Place and the Charles River Museum of Industry & Innovation, which showcase the city's rich industrial heritage as the former "Watch City."
The real estate landscape in Waltham presents diverse options across distinct neighborhoods. Single family homes in North Waltham have a median price of $951,000, while similar properties in Piety Corner list at a median of $720,000. The South Side area features condominiums with median prices of $504,500 for one bedroom units and $607,500 for two bedrooms. Citywide, the median sale price stands at $767,500, with townhomes commanding a median of $945,000.
Commuters benefit from direct access to Boston via the MBTA Fitchburg Line from Waltham Station and several bus routes. By car, I-95/Route 128 and Route 20 connect residents to greater Boston, approximately 10 miles east. The presence of Brandeis University and Bentley University adds to the community's academic atmosphere. Public education includes the highly rated F.A. Day Middle School, while private options feature the A+ rated Cambridge School of Weston and Chapel Hill-Chauncy Hall School. Property taxes remain consistent with surrounding communities at a 1.05% effective rate, while Massachusetts maintains a 5% state income tax and 6.25% sales tax.
Home Trends in Waltham, MA
On average, homes in Waltham, MA sell after 21 days on the market compared to the national average of 50 days. The median sale price for homes in Waltham, MA over the last 12 months is $762,500, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$762,500
Median Single Family Sale Price
$849,950
Median Townhouse Sale Price
$945,000
Median 2 Bedroom Sale Price
$585,000
Median 1 Bedroom Sale Price
$354,900
Average Price Per Sq Ft
$470
Number of Homes for Sale
43
Last 12 months Home Sales
410
Median List Price
$779,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%