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Waltham is located in the eastern part of the state of Massachusetts and a city in Middlesex County and sits on the Charles River, which is on the western side of Boston. In the 1630s, the area was a part of Watertown up until it was incorporated separately in 1738. The city has abundant water power, which became attractive to the early grist mills and paper mills. The first textile mill for processing cotton into a finished cloth was established in 1813. The industrialization of the city’s economy then followed, and the American Waltham Watch Company became the first mass-producer of watches in the United States. At present, the city’s economy is already well-diversified and has included precision instruments, cameras, missiles, and fabricated metal products.

Home Prices

AVERAGE
666,494 -14%
MEDIAN
602,450 -7%

Relative Price (per sqft.)

PRICE
388 +9%

Listings

ACTIVE
33 -7%
NEW
32 -15%

Market Duration

DAYS
39 +42%
Population 62,227 (5.00%)
House Size (sqft.) 1,763 (-14.79%)