Winchendon, MA01475

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$391,000
2.4% YoY Growth
Median Household Income
$85,600
19.1% 5-Year Growth
Days on Market
33
29.0% Shorter than last year
Home Price Forecast
3.0%
Median Rent
$1,500
4.3% YoY Growth
1-Bed Rent
$1,180
7.8% YoY Growth
2-Bed Rent
$1,500
16.0% YoY Growth
3-Bed Rent
$2,200
14.6% YoY Growth

Property Listings — Winchendon, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Winchendon, MA is 33. This is a decrease of -29.0% 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 69.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$462,000-4.0%
Listing Count
2622.0%
Listings as % of Homes0.3%22.0%
Days on Market
33-29.0%
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Demographics — Winchendon, MA

As of the latest ACS Survey released in 2023, Winchendon, MA has a population of 10,200, which has decreased by -5.6% over the past 5 years. Winchendon, MA is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,200-5.6%
% Under 18
19.5%-18.7%
% Seniors
18.6%31.0%
% WFH
10.5%208.8%
% w/ College Degree
24.1%16.4%
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As of the latest ACS Survey released in 2023, Winchendon, MA is a predominantly white area, with 85.0% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Winchendon, MA is hispanic, making up 3.9% of the population. Foreign-born residents account for 4.0% of the population in Winchendon, MA, and this percentage has increased by 11.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.0%-7.8%
% Black
1.6%60.0%
% Hispanic
3.9%11.4%
% Asian
3.4%161.5%
% Foreign Born
4.0%11.1%
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Mortgage and Risk — Winchendon, MA

According to HUD data as of 2023, there were 238 mortgage originations in Winchendon, MA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Winchendon, MA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
238
% Conventional Loans
77.0%
% Government Loans
23.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Winchendon, MA

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

Section 8 Market Size

Total Units under HUD
164
Total Units Section 8
33
% Rentals under Section 8
3.5%
% Occupied Section 8
93.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$110$1,180$1,290
2 Bedroom$110$1,500$1,610
3 Bedroom-$100$2,200$2,100
4 BedroomN/AN/A$2,400

Affordability — Winchendon, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$391,000
Median Household Income$85,600

Winchendon, MA — ZIP Code Boundary Map

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Frequently Asked Questions