Pepperell, MA—01463
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pepperell, MA
As of Oct '25, the median home price in Pepperell, MA is $585,000, with a year-over-year change of 1.8%. This indicates that home prices in Pepperell, MA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $585,000 | 1.8% |
| Single Family | $596,000 | 1.4% |
| Condos | $390,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $394,000 | 1.8% |
3 Bed | $555,000 | 1.8% |
4 Bed | $702,000 | 0.9% |
| 5 Bed | $730,000 | 0.6% |
% of Housing Stock
Rental Trends — Pepperell, MA
As of July '25, Rentcast reports the average rent in Pepperell, MA is $2,070, with a year-over-year rent change of 12.5%. Per bedroom, the median rent as of July '25 in Pepperell, MA is 1-bedrooms: $1,660, 2-bedrooms: $2,300, 3-bedrooms: $2,720. The most common rental property sizes in Pepperell, MA are 1-bedroom and 2-bedroom, accounting for 42.1% and 40.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,660 |
| 2 Bed Rent | $2,200 | $2,300 |
| 3 Bed Rent | $2,550 | $2,720 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pepperell, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pepperell, MA is 18. This is a decrease of -54.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $699,000 | 3.0% |
Listing Count | 20 | -20.0% |
| Listings as % of Homes | 0.3% | -20.0% |
Days on Market | 18 | -54.0% |
Demographics — Pepperell, MA
As of the latest ACS Survey released in 2023, Pepperell, MA has a population of 11,700, which has decreased by -3.2% over the past 5 years. Pepperell, MA is a moderately popular place for families, as children make up 19.8% of the population. The area has a moderately educated workforce, with 44.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,700 | -3.2% |
% Under 18 | 19.8% | -13.2% |
% Seniors | 16.8% | 20.0% |
% WFH | 16.6% | 130.6% |
% w/ College Degree | 44.4% | 8.8% |
As of the latest ACS Survey released in 2023, Pepperell, MA is a predominantly white area, with 85.1% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Pepperell, MA is asian, making up 5.6% of the population. Foreign-born residents account for 8.3% of the population in Pepperell, MA, and this percentage has increased by 88.6% 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 | 85.1% | -5.9% |
% Black | 2.7% | 170.0% |
% Hispanic | 3.4% | 9.7% |
% Asian | 5.6% | 133.3% |
% Foreign Born | 8.3% | 88.6% |
Mortgage and Risk — Pepperell, MA
According to HUD data as of 2023, there were 232 mortgage originations in Pepperell, MA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Pepperell, MA. Investor activity is low, as 0.0% 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 | 232 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Pepperell, MA
Pepperell, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $590 | $1,550 | $2,140 |
| 2 Bedroom | $350 | $2,200 | $2,550 |
| 3 Bedroom | $530 | $2,550 | $3,080 |
| 4 Bedroom | N/A | N/A | $3,390 |
Affordability — Pepperell, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $585,000 |
| Median Household Income | $127,000 |