Turners Falls, MA—01376
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Turners Falls, MA
As of Oct '25, the median home price in Turners Falls, MA is $314,000, with a year-over-year change of 0.7%. This indicates that home prices in Turners Falls, MA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $314,000 | 0.7% |
| Single Family | $316,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $282,000 | 0.0% |
3 Bed | $319,000 | -0.6% |
4 Bed | $345,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Turners Falls, MA
Turners Falls, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 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 — Turners Falls, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Turners Falls, MA is 24. This is a increase of 107.0% 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 | $365,000 | 20.0% |
Listing Count | 4 | 0.0% |
| Listings as % of Homes | 0.1% | 0.0% |
Days on Market | 24 | 107.0% |
Demographics — Turners Falls, MA
As of the latest ACS Survey released in 2023, Turners Falls, MA has a population of 5,030, which has decreased by -1.8% over the past 5 years. Turners Falls, MA is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 31.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,030 | -1.8% |
% Under 18 | 17.8% | 8.5% |
% Seniors | 21.4% | -3.6% |
% WFH | 6.3% | -28.4% |
% w/ College Degree | 31.1% | 24.9% |
As of the latest ACS Survey released in 2023, Turners Falls, MA is a predominantly white area, with 88.0% of the population identifying as white. The white population has grown by 6.4% in the last 5 years. The second most common race or ethnicity in Turners Falls, MA is hispanic, making up 5.9% of the population. Foreign-born residents account for 4.4% of the population in Turners Falls, MA, and this percentage has decreased by 52.2% 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 | 88.0% | 6.4% |
% Black | 0.7% | -66.7% |
% Hispanic | 5.9% | -25.3% |
% Asian | 0.9% | -64.0% |
% Foreign Born | 4.4% | -52.2% |
Mortgage and Risk — Turners Falls, MA
According to HUD data as of 2023, there were 38 mortgage originations in Turners Falls, MA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Turners Falls, MA. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Turners Falls, MA
Turners Falls, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 252 |
Total Units Section 8 | 252 |
% Rentals under Section 8 | 23.4% |
% Occupied Section 8 | 94.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $1,300 | $1,110 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | N/A | N/A | $1,760 |
| 4 Bedroom | N/A | N/A | $1,960 |
Affordability — Turners Falls, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $314,000 |
| Median Household Income | $57,900 |