Marblehead is a beautiful part of Massachusetts that was incorporated as a town in 1684. It is a wealthy town, and one that has a higher cost of living than a number of the Boston suburbs. Marblehead has earned the title of "Yachting Capital of the World", and on a nice day you can visit the beach and check out the yachts in the harbor. Residents of Marblehead have a higher income than in other areas, and this translates into more expensive amenities. Marblehead is 16 miles northeast of the city of Boston, and many residents that live in the area work right in the heart of downtown Boston.
What types of homes are available in Marblehead?
As a suburb of Boston that caters to the wealthy, the types of homes available in Marblehead reflect a higher end lifestyle. There are a number of expensive, larger estates for those that like to entertain or have larger families, while those that prefer living in a condo can pick from the luxury style condos for sale. Other homes in Marblehead are older colonials, gambrel style homes and some capes. Whether you want to live in a small, luxury space or a grand estate, you can find what you love in Marblehead.
What kinds of restaurants and shopping opportunities are in Marblehead?
Marblehead has a number of restaurants rated highly by the locals. 5 Corners Kitchen is a French restaurant serving breakfast and brunch that is a local favorite. Jack-Tar is an American Tavern serves traditional American pub food, and The Barnacle is a casual, delicious seafood restaurant. Le Bistro is also a spot frequented by residents of Marblehead, and it serves Mediterranean food.
Along Washington Street in Marblehead, you can find a number of locally owned boutique style stores that cater to almost every taste. From Bobbles & Lace, a women's clothing, shoe and accessory store, Scribe paper and gift store, and Shipshape, a unique gift shop, you will find all kinds of treasures while shopping in Marblehead. Marblehead is a small town with a community feel to it, and you'll love spending the day checking out the different shops.
How is it to raise a family in Marblehead?
Marblehead has high graduation rates and has one of the better public school systems in the state. Students have an average test score of 78%, where the national average is 68%. The student to teacher ratio is 14:1, lower than the national average. Beyond an excellent school system, Marblehead also has a low crime rate. The crime rate in Marblehead is 59% lower than the national average, and the area is safer than 73% of the cities in the United States. The convenience of the many local amenities, and the small town feel make Marblehead an excellent place to raise a family.
Are there outdoor recreational opportunities in Marblehead?
If you love to spend time outside in nature, you can check out the Marblehead Neck Wildlife Sanctuary. The sanctuary is an 18 acre park, with almost a mile of walking trails where you can find some of the most unique birds in the area. Explore this swampy marshland that has a raised, boardwalk style trail going through it.
The Marblehead Parks and Recreation Department offers a number of programs for both children and adults, spread throughout the year. You can enjoy some of the area playgrounds, and even take your dog for a walk at the dog park at Reynolds Playground. You can also spend the day at Devereux Beach, where lifeguards are on duty during the regular swimming season. There are plenty of outdoor opportunities in Marblehead for you to choose from.
It's a good time to invest in property in Marblehead if you can find a property that you love. While the market is neutral in the area, that doesn't mean that you won't be able to find what you are looking for in Marblehead. Mortgage rates continue to remain at below 4%, a record low rate that is enabling buyers to purchase more expensive homes than they could have just a few years ago. Home values have remained consistent in Marblehead, and with a median home value of $586,600, homes in this area are valuable. While home values rose 5.6% last year, they are expected to rise at a more modest percentage of 1.4% this year. If you are looking to purchase a new home instead of renting an apartment, it is a safe time to invest in property in Marblehead. You may pay a bit more for your home here than in other areas, but the amenities, great schools and low crime rate make the higher prices worth it to residents.
