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HELLOCONDO BUYER'S BRIEF

Condos in Magoun Square Somerville, MA

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Star IconWhat to know
  • The average age in Magoun Square is 36 years, with the largest demographic group being individuals aged 35 to 39. This age group tends to earn up to $113,092, making it an attractive area for young professionals and families.
  • The largest demographic of Magoun Square consists of residents aged 35 to 39 who earn up to $113,092, aligning well with the demands of first-time buyers.

Market Overview

AVG. DAYS ON MARKET
63
Trending Up0.72% year over year
AVG. SOLD PRICE
$1,017,133
Trending Up25.53% year over year

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Frequently Asked Questions About Somerville, MA

What is it like to live in Magoun Square, Somerville, MA?

Living in Magoun Square offers a blend of residential living with access to various local eateries and shops. The neighborhood features a diverse community and convenient public transportation options, particularly the nearby Green Line extension. Residents enjoy a suburban feel with urban amenities.

Is Magoun Square, Somerville, MA expensive?

Magoun Square is considered to be on the higher end of the cost spectrum for real estate in Somerville, with median home prices significantly above the national average. Rent in this area has also increased due to the neighborhood's development and proximity to public transport and amenities.

What is the weather of Magoun Square, Somerville, MA?

Magoun Square experiences a humid continental climate, characterized by cold winters with average snowfall and warm, humid summers. Temperatures can vary significantly throughout the year, with winter lows averaging around 20°F and summer highs reaching the mid-80s°F.

How safe is Magoun Square, Somerville, MA?

Magoun Square is generally considered a safe area, with crime rates lower than national averages. The neighborhood benefits from community engagement and police presence, contributing to its safety.