Petersham, MA—01366
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Petersham, MA
As of Oct '25, the median home price in Petersham, MA is $456,000, with a year-over-year change of 3.0%. This indicates that home prices in Petersham, MA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $456,000 | 3.0% |
| Single Family | $456,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $470,000 | 3.1% |
4 Bed | $520,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Petersham, MA
Petersham, 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 — Petersham, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Petersham, MA is 65. This is a decrease of -30.0% from last year, suggesting that homes are sitting on the market shorter 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 | $722,000 | 16.0% |
Listing Count | 3 | 11.0% |
| Listings as % of Homes | 0.6% | 11.0% |
Days on Market | 65 | -30.0% |
Demographics — Petersham, MA
As of the latest ACS Survey released in 2023, Petersham, MA has a population of 1,170, which has decreased by -7.6% over the past 5 years. Petersham, MA is a less popular place for families, as children make up 14.4% of the population. The area has a moderately educated workforce, with 42.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,170 | -7.6% |
% Under 18 | 14.4% | 5.1% |
% Seniors | 27.9% | 13.4% |
% WFH | 14.5% | 59.3% |
% w/ College Degree | 42.9% | 25.1% |
As of the latest ACS Survey released in 2023, Petersham, MA is a predominantly white area, with 88.2% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Petersham, MA is hispanic, making up 3.9% of the population. Foreign-born residents account for 2.1% of the population in Petersham, MA, and this percentage has decreased by 54.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.2% | -7.5% |
% Black | 0.7% | 133.3% |
% Hispanic | 3.9% | 39.3% |
% Asian | 0.6% | 20.0% |
% Foreign Born | 2.1% | -54.3% |
Mortgage and Risk — Petersham, MA
According to HUD data as of 2023, there were 28 mortgage originations in Petersham, MA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 43.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Petersham, MA. Investor activity is low, as 4.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Petersham, MA
Petersham, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,420 |
| 2 Bedroom | N/A | N/A | $1,800 |
| 3 Bedroom | N/A | N/A | $2,520 |
| 4 Bedroom | N/A | N/A | $3,020 |
Affordability — Petersham, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $456,000 |
| Median Household Income | $108,000 |