Why Live in Colonial Park
Colonial Park in Stoneham, Massachusetts, offers a suburban atmosphere with a mix of single-family homes, multifamily houses, and condos. The neighborhood features Cape Cods, ranch styles, colonials, New Traditional, and contemporary homes. Middlesex Fells Reservation, the town’s largest green space, borders Colonial Park and provides miles of multiuse trails, the Stone Zoo, playgrounds, and a pond for kayaking and fishing. Recreation Park and Pomeworth Field offer basketball courts, open fields, and baseball diamonds, while the Tri-Community Greenway connects to Winchester and Woburn. Whip Hill Park, with its 20th-century Tudor-style estate, hosts annual holiday events. Dining options along Main and Franklin streets include pizza places, cafes, and Anthony’s Italian Specialties, a local favorite. The Redstone Shopping Center and Stop & Shop provide convenient shopping. Stoneham Town Common hosts events like the farmers market, holiday tree lighting, and Town Day celebration. Massachusetts Bay Transportation Authority buses run along Main Street, and nearby Melrose and Wakefield offer commuter rail access. Major highways I-93 and I-95 facilitate travel to Boston, with Boston Logan International Airport 13 miles away. Colonial Park School, Stoneham Central Middle, and Stoneham High are highly rated, with the high school featuring a new campus. Private schools like The Greater Boston Academy and St. Joseph School also receive high marks.
Frequently Asked Questions
Is Colonial Park a good place to live?
Colonial Park is a good place to live. Colonial Park is considered car-dependent and somewhat bikeable with minimal transit options. Colonial Park has 6 parks for recreational activities. It has a median age of 44. The average household income is $152,876 which is above the national average. College graduates make up 51.4% of residents. A majority of residents in Colonial Park are home owners, with 28.8% of residents renting and 71.2% of residents owning their home. A
local real estate agent serving Colonial Park can help you decide if this neighborhood is the right one for you. Learn more on our
Colonial Park neighborhood guide.
How much do you need to make to afford a house in Colonial Park?
The median home price in Colonial Park is $675,000. If you put a 20% down payment of $135,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $150K a year to afford the median home price in Colonial Park. The average household income in Colonial Park is $153K.
What are the best public schools in Colonial Park?
The best public schools that serve Colonial Park are:
What are the best private schools in Colonial Park?
The best private schools that serve Colonial Park are:
What are the most popular zip codes in Colonial Park, Stoneham, MA?
What are the most popular neighborhoods near Colonial Park, Stoneham, MA?
Home Trends in Colonial Park, MA
On average, homes in Colonial Park, Stoneham sell after 36 days on the market compared to the national average of 70 days. The median sale price for homes in Colonial Park, Stoneham over the last 12 months is $694,900, up 103% from the median home sale price over the previous 12 months.
Median Sale Price
$694,900
Median Single Family Sale Price
$672,500
Median Townhouse Sale Price
$782,500
Median 2 Bedroom Sale Price
$694,900
Median 1 Bedroom Sale Price
$595,000
Average Price Per Sq Ft
$409
Number of Homes for Sale
5
Last 12 months Home Sales
31
Median List Price
$675,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
103%