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Real Estate Prices & Overview

Charlestown South median real estate price is $1,293,173, which is more expensive than 90.3% of the neighborhoods in Massachusetts and 95.0% of the neighborhoods in the U.S.

The average rental price in Charlestown South is currently $3,081, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.7% of Massachusetts neighborhoods.

Charlestown South is a densely urban neighborhood (based on population density) located in Boston, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Charlestown South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Charlestown South neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

In Charlestown South, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.8% of all neighborhoods in the U.S. This means that the housing supply in Charlestown South is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

If you like crowded places, then you will probably enjoy the the Charlestown South neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.6% of neighborhoods in the U.S., with 23,143 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Charlestown South neighborhood is among the top 5% of American neighborhoods in terms of walkability. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Charlestown South neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Charlestown South is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Charlestown South neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 38.1% of the real estate here is made up of such dwellings, which is higher than 96.7% of all U.S. neighborhoods.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 65.0% of the residential real estate in the Charlestown South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Charlestown South neighborhood is a fantastic option for bicycle commuters, as 12.0% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.8% of the neighborhoods in America.

Also, if you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 1.1% of the Charlestown South neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.1% of America's neighborhoods.

Finally, more people in Charlestown South choose to walk to work each day (18.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Charlestown South neighborhood: a neighborhood in which more "urban sophisticates" live than 99.4% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 80.0% of the adults living in the Charlestown South neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.8% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 4.4% of America's neighborhoods are wealthier than the Charlestown South neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Occupations

Executives, managers and professionals make up 79.2% of the workforce in the Charlestown South neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Charlestown South neighborhood has more Irish and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.1% of this neighborhood's residents have Irish ancestry and 4.1% have Scots-Irish ancestry.

Charlestown South is also pretty special linguistically. Significantly, 3.2% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Charlestown South neighborhood in Boston are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.6% of the neighborhoods in America. In addition, 0.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 79.2% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Charlestown South neighborhood, 79.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 11.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.7%), and 5.5% in government jobs, whether they are in local, state, or federal positions.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Charlestown South neighborhood is English, spoken by 88.4% of households. Other important languages spoken here include Italian, Greek, Chinese and Spanish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Charlestown South neighborhood in Boston, MA, residents most commonly identify their ethnicity or ancestry as Irish (29.1%). There are also a number of people of Italian ancestry (12.7%), and residents who report English roots (9.3%), and some of the residents are also of Asian ancestry (7.4%), along with some German ancestry residents (5.3%), among others. In addition, 13.1% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Charlestown South neighborhood spend between 15 and 30 minutes commuting one-way to work (47.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (33.7%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (18.6%) and 12.0% of residents also bicycle for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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