Whether you’re a newcomer or native, finding the perfect Boston suburbs can be a challenge in this historic city’s competitive housing market. Low housing inventory rates and high prices for minimal square footage are a real headache, which is why smart buyers are eyeing these four neighborhoods that keep getting hotter.
Boston’s oldest subway line, the Green Line, is undergoing a massive 4.3-mile expansion that will increase access for many of the city’s northern neighborhoods, Somerville included. The project will extend the line’s northern end beyond Cambridge beginning in 2021 and is already sparking a much-craved housing boom in the Boston suburbs.
Originally an industrial mecca turned single-family housing haven, Somerville is renowned for its All-American sense of community, a median list price of $616 per square foot, diversity, gorgeous architecture and influx of biotech and life sciences companies. Bonus: It’s a 5-minute train ride from Harvard Square. P.S. Ask about Union Square. Somerville is also in the process of building a new high school, to be complete in 2021.
Another stop on the Green Line Extension, strategists agree Medford is one of Boston’s most exciting emerging real estate markets. Prospective buyers can expect to snag a stylish condo in the thick of things for a cool $399 per sq. ft., making Medford an economical option 3.2 miles northwest of downtown Boston.
Beer enthusiasts and nightlife connoisseurs will delight in Medford’s vibrant Irish-American culture and, of course, pubs. Plus, as home to Tufts University, Medford is known for its young, fun persona characterized by students, academia and young professionals.
Move over Lexington and Plymouth, Arlington, one of Massachusetts’ most historic towns, is finally about to get the recognition it deserves within the Boston suburbs. Samuel Wilson AKA Uncle Sam hails from Arlington, and his memory is celebrated in many aspects of this community’s charm-filled way of life, from festivals and statues to the beloved Uncle Sam Plaza.
History aside, Cambridge’s northern neighbor offers an alluring median price tag of $444 per sq. ft.—nearly half of its southern counterpart. If ample single-family homes and biotech jobs aren’t enough, Arlington also boasts walking, canoeing, fishing and paddle boarding at Spy Pond Park and attractions like the Cyrus E. Dallin Art Museum. Also popular is the Minuteman Bike Path, perfect for people who want to bike to Cambridge with access to the Alewife “T” station.
If Boston’s South Side is more of your stomping ground, you’re in luck, because Weymouth is taking off. Interest and housing inventory are on their way up in Weymouth, bolstered by tony new construction, an enviable median price of $284 per sq. ft. and access to the Greater Boston area and Cape Cod via 3 MBTA commuter rail lines.
In Massachusetts’ second-oldest town, prospective buyers can also expect to find four unique village centers, a handful of enchanting public parks and more than 100 laboratories and medical services institutions.
There are hundreds of towns to choose from. How do you figure it all out? You simply don’t, without getting a Suburban Jungle Strategist to help you through it all. Schedule here for your strategy session with our innovative suburbs strategy team. All services are completely free.
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