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Our Stoneham, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Stoneham as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Stoneham, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Stoneham MA Community Profile & History
Stoneham, Massachusetts is a suburban town just 15 minutes' drive north of Boston. Founded nearly four centuries ago, it has grown into a thriving bedroom community for the Greater Boston region which enjoys park areas, the Stone Zoo, a municipal skating arena, a municipal nine-hole golf course and a par three golf course. Through both public and private sponsorship, the town emphasizes youth participation in sports and other activities. Stoneham is fortunate to house the New England Memorial Hospital, a full service facility, located entirely within its borders. The town is presently in the process of renovating the central business district with the active participation of the community.
First explored by Governor John Winthrop and a small expedition in 1632, the community was settled as a part of Charlestown in 1645. In 1725, the community was separated from Charlestown and incorporated under its present name. Predominantly rural throughout the colonial era, Stoneham emerged as a shoe-manufacturing center during the Industrial Revolution. Though the shoe industry went into decline during the early decades of the 20th century, the town's fortunes continued to grow as pharmaceutical manufacturer E.L. Patch became the area's largest employer. After World War II the town again became predominantly residential in nature, with several small businesses throughout the downtown area. The community is widely noted as the hometown of two Olympic athletes: figure skater Nancy Kerrigan, who won the silver medal in 1994, and hockey player Frank O'Grady.
Stoneham Massachusetts Community Information
Stoneham Community Demographics and Local Resources
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Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Stoneham, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Stoneham Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 124 147 $432347 $225000 $405000 $749900 |
2007 107 150 $428965 $200000 $404500 $850000 |
2008 99 117 $388042 $192500 $385000 $675000 |
2009 89 142 $368370 $129000 $364000 $650000 |
2010 91 127 $399355 $128000 $399900 $689500 |
Average Selling Price of Single Family Homes in Stoneham
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Stoneham Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 105 74 $274908 $90000 $255000 $534900 |
2007 134 77 $256598 $140000 $248000 $550000 |
2008 111 60 $234098 $130000 $218500 $562500 |
2009 159 84 $219918 $94322 $207750 $475000 |
2010 107 51 $204049 $195 $200000 $460000 |
Average Selling Price of Condominiums in Stoneham
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