Sheffield, MA01257

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$514,000
0.2% YoY Growth
Median Household Income
$80,200
15.2% 5-Year Growth
Days on Market
85
12.0% Longer than last year
Home Price Forecast
2.7%
Median Rent
$2,350
37.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,350
0.0% YoY Growth
3-Bed Rent
N/A
N/A

Other Zip Codes in Sheffield, MA

Property Listings — Sheffield, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Sheffield, MA is 85. This is a increase of 12.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$734,00013.0%
Listing Count
3165.0%
Listings as % of Homes0.6%65.0%
Days on Market
8512.0%
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Demographics — Sheffield, MA

As of the latest ACS Survey released in 2023, Sheffield, MA has a population of 2,330, which has increased by 16.4% over the past 5 years. Sheffield, MA is a less popular place for families, as children make up 8.5% of the population. The area has a moderately educated workforce, with 40.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,33016.4%
% Under 18
8.5%-25.4%
% Seniors
30.8%-9.1%
% WFH
9.6%-10.3%
% w/ College Degree
40.5%10.1%
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As of the latest ACS Survey released in 2023, Sheffield, MA is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Sheffield, MA is hispanic, making up 3.8% of the population. Foreign-born residents account for 4.8% of the population in Sheffield, MA, and this percentage has increased by 29.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.5%-8.4%
% Black
0.1%∞%
% Hispanic
3.8%3,700.0%
% Asian
2.8%∞%
% Foreign Born
4.8%29.7%
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Mortgage and Risk — Sheffield, MA

According to HUD data as of 2023, there were 53 mortgage originations in Sheffield, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Sheffield, MA. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
53
% Conventional Loans
96.0%
% Government Loans
4.0%
% Investor Loans
4.0%
% Second Loans
13.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Sheffield, MA

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

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
0.7%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,250
2 Bedroom-$710$2,350$1,640
3 BedroomN/AN/A$1,990
4 BedroomN/AN/A$2,750

Affordability — Sheffield, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.9
Median Home Price$514,000
Median Household Income$80,200

Sheffield, MA — ZIP Code Boundary Map

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Frequently Asked Questions