Lanesboro, MA—01237
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Lanesboro, MA
Home Price Trends — Lanesboro, MA
As of Oct '25, the median home price in Lanesboro, MA is $369,000, with a year-over-year change of 3.0%. This indicates that home prices in Lanesboro, MA are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $369,000 | 3.0% |
| Single Family | $385,000 | 3.2% |
| Condos | $296,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $152,000 | -4.4% |
2 Bed | $306,000 | 2.3% |
3 Bed | $387,000 | 2.7% |
4 Bed | $518,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lanesboro, MA
As of July '25, Rentcast reports the average rent in Lanesboro, MA is $3,070, with a year-over-year rent change of -12.3%. Per bedroom, the median rent as of July '25 in Lanesboro, MA is 1-bedrooms: $1,500, 3-bedrooms: $3,850. The most common rental property sizes in Lanesboro, MA are 1-bedroom and 2-bedroom, accounting for 47.5% and 45.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $3,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,700 | $3,850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lanesboro, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lanesboro, MA is 80. This is a increase of 38.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | 3.0% |
Listing Count | 42 | 20.0% |
| Listings as % of Homes | 1.5% | 20.0% |
Days on Market | 80 | 38.0% |
Demographics — Lanesboro, MA
As of the latest ACS Survey released in 2023, Lanesboro, MA has a population of 2,270, which has decreased by -12.1% over the past 5 years. Lanesboro, MA is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 43.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,270 | -12.1% |
% Under 18 | 18.9% | -15.2% |
% Seniors | 27.2% | 23.6% |
% WFH | 5.7% | -37.4% |
% w/ College Degree | 43.3% | -1.1% |
As of the latest ACS Survey released in 2023, Lanesboro, MA is a predominantly white area, with 95.1% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Lanesboro, MA is asian, making up 3.3% of the population. Foreign-born residents account for 6.1% of the population in Lanesboro, MA, and this percentage has increased by 154.2% 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 | 95.1% | -0.9% |
% Black | 1.2% | -50.0% |
% Hispanic | 0.1% | -90.9% |
% Asian | 3.3% | 1,550.0% |
% Foreign Born | 6.1% | 154.2% |
Mortgage and Risk — Lanesboro, MA
According to HUD data as of 2023, there were 66 mortgage originations in Lanesboro, MA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Lanesboro, MA. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Lanesboro, MA
Lanesboro, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,500 | $1,550 |
| 2 Bedroom | N/A | N/A | $1,990 |
| 3 Bedroom | -$180 | $2,700 | $2,520 |
| 4 Bedroom | N/A | N/A | $2,880 |
Affordability — Lanesboro, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $369,000 |
| Median Household Income | $84,400 |