Why Live in North Faulkner
Close to Malden’s revitalized downtown area and U.S. Route 1, the North Faulkner neighborhood offers a variety of housing options for renters and homeowners alike in a convenient location north of Boston. “We’ve got multiple ways to access Boston,” says Kristin Gennetti, a Realtor and team leader with the Kristin Gennetti Group, part of Century 21 North East. “And there’s lots of public transit.” Indeed, two train lines serve Malden and major highways are close by. In addition to convenience and transportation choices, the neighborhood offers a fast-moving housing market of older homes and condos, nearby green spaces, a bike trail and a diverse school district. North Faulkner is split almost evenly between renters and homeowners. Single-family homes are typically older: the median build year in the neighborhood is 1920, and these older homes show varied styles. Common designs include Colonial Revival, Craftsman and Victorian homes. Lots typically have small yards, and sidewalks line streets. Moderately sized and well-spaced trees create an expansive feeling with pockets of shade. Prices for single-family homes largely range from about $550,000 to $900,000, though fixer-uppers can
Home Trends in North Faulkner, MA
On average, homes in North Faulkner, Malden sell after 81 days on the market compared to the national average of 69 days. The median sale price for homes in North Faulkner, Malden over the last 12 months is $539,900, down 14% from the median home sale price over the previous 12 months.
Median Sale Price
$539,900
Median Single Family Sale Price
$560,000
Median 2 Bedroom Sale Price
$425,000
Median 1 Bedroom Sale Price
$480,000
Average Price Per Sq Ft
$319
Number of Homes for Sale
3
Last 12 months Home Sales
35
Median List Price
$539,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-14%