If you are considering Roslindale MA as a potential place to live, this is an area with high graduation rates of high school students, plenty of local amenities, high income per capita, and a very stable housing market. Living in Roslindale has many benefits, and buyers who love the city of Boston find that the homes in Roslindale are an affordable alternative to housing in the middle of downtown Boston or Beacon Hill. It is one of the more affordable suburbs of Boston, and buyers who want to enjoy the convenience of Boston without the high prices love living in Roslindale.
54% of the population in Roslindale is female, while 46% is male. 72% are white-collar workers, while the remainder identify as blue collar. 55% of the households are family households, while 45% are non-family. Close to 60% have Bachelor's degrees or higher for an education. 36% of the residents are married, while 48% have never been married. The average household income is close to $82,000.
The neighborhood of Roslindale is more affordable than downtown Boston, and many people who work in the financial district live in Roslindale with their families. It's an easy commute into the center of the city, and with median home prices much lower in Roslindale than the surrounding area, it's an affordable neighborhood for people trying to raise young children. With the wide range of home prices available in Roslindale, it is possible to find the right home to match almost any budget.
If you are raising a family in this hectic world, the neighborhood of Roslindale is known for its peace and quiet, affordability, and strong community. With neighborhood-wide block parties and a lack of a crazy nightclub scene, Roslindale is an area preferred by families with children. This is a tight-knit community that has a farmer's market every Saturday throughout the spring, summer, and fall months, bringing farm fresh produce to the streets of Boston. They even accept EBT and Boston Bucks, two ways families on a limited budget can save while purchasing fresh produce for their family.
With a median home price of $420,000, the neighborhood of Roslindale has properties that meet the budget of almost anyone that wants to live in the area. This home price is up 9.2% from last year, and home values are expected to slowly rise once again for 2016. While the predicted increase is only 3.5%, this is a value that is on the rise and not decreasing. People who invest in property in Roslindale can rest assured that the market is stable, and the value of their home isn't going to decrease rapidly in the near future.
With a recent renovation of Adams Park, considered the heart of Roslindale, residents once again have a beautiful area in which they can relax, unwind, and enjoy all that nature has to offer. The farmer's market in the summer is held in Adams Park, as well as the yearly Easter Egg Hunt and the lighting of the holiday tree ceremony. The park also hosts a summer concert series where residents and visitors can sit outside in the warm summer evenings and listen to live music for free. The park was first established in 1920 and just underwent a complete renovation in 2015.
Since Roslindale is more residential than other areas of Boston, it is easier to drive in this neighborhood than in the more congested downtown area. Roslindale is serviced by the MBTA and is accessible from the center of the city by taking the Orange Line to the Forest Hills station or the bus headed out to Needham Heights.
Throughout Boston, home prices have increased over the past several years, and this is the same for Roslindale. People want to live in this area, and with the demand for quality homes continuing to rise, the supply is not able to keep up. This makes Roslindale a seller's market and one in which properties are sold very quickly. To purchase a home in Roslindale, it's important to get financing in place before you make an offer. This is because homes go very quickly in a seller's market, and you want to be able to prove to sellers that you are ready to purchase their property right away. When you have your financing in place, you can make an offer that is within your budget without having to stretch your finances. If you are a buyer with decent credit and enough income, you can qualify for a low rate 30 year fixed rate mortgage. With rates lower than 4%, you can qualify for a mortgage payment that will be lower than any rental you can find in Roslindale and the surrounding area. With property values remaining stable, your investment isn't going to lose you money any time soon. If you find that you need to relocate within the next couple of years, your home in Roslindale will have retained its value, and you will be able to sell your home quite easily. When you want to live in a more residential area but live close enough to the exciting nightlife that downtown Boston has, you can live in Roslindale and be a short distance away from the heart of the city. This is a quiet, peaceful neighborhood with plenty of outdoor spaces for you to enjoy.
