Community Spotlight: Walpole

Each week we will highlight a community in Massachusetts and Rhode Island. We will tell you how many home are currently on the market, median price for the month and the year and we will give you some additional facts about the community.

Walpole

Active Single Family Listings: 4

2020 Median Sale Price: $478,375

Median Sale Price for January: $605,250

Closed Sales in 2021: 14

Pending Sales to Date: 14

Cumulative Days On Market: 46

Walpole Town Facts:

Walpole is a medium-sized town located in the state of Massachusetts. With a population of 25,200 people and four constituent neighborhoods, Walpole is the 78th largest community in Massachusetts.

Housing costs in Walpole are among some of the highest in the nation, although real estate prices here don’t compare to real estate prices in the most expensive communities in Massachusetts.

Walpole is a decidedly white-collar town, with fully 87.15% of the workforce employed in white-collar jobs, well above the national average. Overall, Walpole is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Walpole who work in management occupations (18.45%), office and administrative support (13.62%), and sales jobs (10.62%).

Also of interest is that Walpole has more people living here who work in computers and math than 95% of the places in the US.

In addition, Walpole is home to many people who could be described as “urban sophisticates”, which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes – whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

Because of many things, Walpole is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Walpole really has some of the features that families look for when choosing a good community to raise children. Is Walpole perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Walpole, however, is that residents on average have to contend with a long commute, spending on average 33.65 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.

Like elsewhere in America, most people in Walpole use a private automobile to get to work. But notably, a substantial number of Walpole‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.

Info courtesy of neighborhoodscout.com