Quick facts: Osterville, MA

Quick Facts

119.6
Cost of Living
above US average
3,591
Population
1.39
Crime Rate per 1000
below US average
$94,000
Median Income
above US average
$2,395,000
Median House Price
above US average
$6566.5
Average Rent
above US average
5%
Poverty Rate
below US average
4.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $94,000.

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Income Needed to Buy

βœ— Stretch
$751k/year
Based on $2,395,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $751k vs median $94,000
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Income Needed to Rent

⚠ Stretch
$281k/year
Based on $6566.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $281k vs median $94,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Osterville, MA

Osterville is a charming village located in the town of Barnstable on Cape Cod, Massachusetts. Known for its picturesque scenery and a rich history, Osterville offers a mix of quaint New England charm and coastal beauty. The village is situated along the shores of Barnstable Harbor, providing residents and visitors with stunning waterfront views and numerous outdoor activities. Osterville features beautiful homes, many of which are elegantly designed and sit on sprawling, well-maintained properties. The area is primarily residential but boasts local shops, restaurants, and galleries that add to its community feel. One of the village's highlights is Dowses Beach, which offers sandy shores and a place for sunbathing and swimming during the warmer months. Cultural activities abound, with events celebrating the local heritage and community life. The Osterville Historical Museum provides insights into the area's past, while the local art scene captures the natural beauty of the Cape. With its serene ambiance, Osterville remains a beloved destination for those seeking relaxation in a quintessential New England village.

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