Cheshire, MA01225

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$354,000
3.4% YoY Growth
Median Household Income
$72,000
5.5% 5-Year Growth
Days on Market
56
13.0% Longer than last year
Home Price Forecast
3.0%
Median Rent
$1,750
30.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,750
N/A

Property Listings — Cheshire, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Cheshire, MA is 56. This is a increase of 13.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$404,00024.0%
Listing Count
152.0%
Listings as % of Homes0.1%2.0%
Days on Market
5613.0%
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Demographics — Cheshire, MA

As of the latest ACS Survey released in 2023, Cheshire, MA has a population of 3,230, which has increased by 3.2% over the past 5 years. Cheshire, MA is a moderately popular place for families, as children make up 17.1% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,2303.2%
% Under 18
17.1%26.7%
% Seniors
26.4%18.9%
% WFH
5.6%180.0%
% w/ College Degree
28.8%15.2%
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As of the latest ACS Survey released in 2023, Cheshire, MA is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Cheshire, MA is asian, making up 1.9% of the population. Foreign-born residents account for 2.6% of the population in Cheshire, MA, and this percentage has increased by 116.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.2%-2.6%
% Black
0.3%-57.1%
% Hispanic
0.2%-93.5%
% Asian
1.9%∞%
% Foreign Born
2.6%116.7%
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Mortgage and Risk — Cheshire, MA

According to HUD data as of 2023, there were 53 mortgage originations in Cheshire, MA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Cheshire, MA. Investor activity is low, as 0.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
53
% Conventional Loans
87.0%
% Government Loans
13.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
2.0%

Loan Activity

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Rentals and Section 8 — Cheshire, MA

Cheshire, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
6
Total Units Section 8
6
% Rentals under Section 8
2.6%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,340
2 BedroomN/AN/A$1,720
3 Bedroom$440$1,750$2,190
4 BedroomN/AN/A$2,440

Affordability — Cheshire, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.3
Median Home Price$354,000
Median Household Income$72,000

Cheshire, MA — ZIP Code Boundary Map

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Frequently Asked Questions