Westborough First-Time Homebuyer Report for October

Westborough is a city that is growing faster than others in Massachusetts at a 10-year growth rate of 1.8%. It also has an average-sized population of 4,045 people. With a median age of 72 years, homes in Westborough tend to be older than most. The top schools in the city are Annie E Fales, Sarah W Gibbons Middle School, and Westborough High School.

Culture

If you're looking to explore the community's favorite stores in Westborough, then check out Roche Bros Supermarket, HomeGoods, and Tatnuck Booksellers, Foursquare's most popular places to go shopping. If you're looking to explore the outdoors, some favorite spots are Westborough Rotary and Gold's Gym (Westborough). And finally, Regal Cinemas Westborough 12 is a frequently visited spot for entertainment.

Price Range

Homes in Westborough are generally more expensive than others in the state with a median home value of $363,000 and an average list price of $527,058. In this week's report, the number of homes sold in the Westborough market slid to 12 over the past 30 days, a decrease of 14.3% from last week's report.

Curious as to which homes have been getting the most attention in Westborough? These listings have stirred up interest and produced the most views:

$1.4M   $850K   $775K  

Typical Dwelling

A four-bedroom detached home valued around $575,083 is considered a typical dwelling in Westborough. If a buyer was looking for a similar home, they would need good credit and a $115,017 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,942 and the property tax rate is $13.23 per $1,000 of taxable assessed value.

Get started right now by checking out Westborough homes for sale or reviewing Westborough real estate trends.


Data reported through 10/13/2016

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