Monson, MA—01057
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Monson, MA
As of Oct '25, the median home price in Monson, MA is $395,000, with a year-over-year change of 1.6%. This indicates that home prices in Monson, MA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $395,000 | 1.6% |
| Single Family | $396,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $331,000 | 0.0% |
3 Bed | $396,000 | 1.3% |
4 Bed | $458,000 | 2.0% |
| 5 Bed | $492,000 | 0.8% |
% of Housing Stock
Rental Trends — Monson, MA
Monson, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Monson, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Monson, MA is 75. This is a increase of 43.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $564,000 | 19.0% |
Listing Count | 18 | 97.0% |
| Listings as % of Homes | 0.4% | 97.0% |
Days on Market | 75 | 43.0% |
Demographics — Monson, MA
As of the latest ACS Survey released in 2023, Monson, MA has a population of 8,200, which has decreased by -6.2% over the past 5 years. Monson, MA is a moderately popular place for families, as children make up 16.3% of the population. The area has a moderately educated workforce, with 29.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,200 | -6.2% |
% Under 18 | 16.3% | -16.0% |
% Seniors | 23.0% | 24.3% |
% WFH | 11.9% | 197.5% |
% w/ College Degree | 29.1% | 2.8% |
As of the latest ACS Survey released in 2023, Monson, MA is a predominantly white area, with 91.6% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Monson, MA is hispanic, making up 5.0% of the population. Foreign-born residents account for 3.2% of the population in Monson, MA, and this percentage has increased by 28.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.6% | -4.4% |
% Black | 0.6% | -14.3% |
% Hispanic | 5.0% | 194.1% |
% Asian | 1.6% | 45.5% |
% Foreign Born | 3.2% | 28.0% |
Mortgage and Risk — Monson, MA
According to HUD data as of 2023, there were 146 mortgage originations in Monson, MA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Monson, MA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 146 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Monson, MA
Monson, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,010 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | N/A | N/A | $1,510 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Monson, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $395,000 |
| Median Household Income | $90,400 |