Erving, MA—01344
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Erving, MA
As of Oct '25, the median home price in Erving, MA is $325,000, with a year-over-year change of -1.1%. This indicates that home prices in Erving, MA are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $325,000 | -1.1% |
| Single Family | $328,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $299,000 | -0.7% |
3 Bed | $330,000 | -1.8% |
4 Bed | $350,000 | 0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Erving, MA
Erving, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,650 | $1,650 |
| 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 — Erving, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Erving, MA is 14. This is a increase of 31.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $424,000 | 9.0% |
Listing Count | 1 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 14 | 31.0% |
Demographics — Erving, MA
As of the latest ACS Survey released in 2023, Erving, MA has a population of 1,640, which has increased by 12.3% over the past 5 years. Erving, MA is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 25.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,640 | 12.3% |
% Under 18 | 18.1% | -9.5% |
% Seniors | 20.0% | 8.7% |
% WFH | 2.9% | 45.0% |
% w/ College Degree | 25.1% | 51.2% |
As of the latest ACS Survey released in 2023, Erving, MA is a predominantly white area, with 93.6% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Erving, MA is black, making up 1.6% of the population. Foreign-born residents account for 2.7% of the population in Erving, MA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.6% | 1.6% |
% Black | 1.6% | -30.4% |
% Hispanic | 1.5% | -46.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.7% | 0.0% |
Mortgage and Risk — Erving, MA
According to HUD data as of 2023, there were 47 mortgage originations in Erving, MA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Erving, MA. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Erving, MA
Erving, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 10.6% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$650 | $1,650 | $1,000 |
| 2 Bedroom | N/A | N/A | $1,310 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,850 |
Affordability — Erving, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $325,000 |
| Median Household Income | $74,600 |