Berlin, MA—01503
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Berlin, MA
As of Oct '25, the median home price in Berlin, MA is $655,000, with a year-over-year change of 3.5%. This indicates that home prices in Berlin, MA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $655,000 | 3.5% |
| Single Family | $691,000 | 3.0% |
| Condos | $588,000 | 6.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $564,000 | 5.4% |
3 Bed | $634,000 | 3.6% |
4 Bed | $897,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Berlin, MA
As of July '25, Rentcast reports the average rent in Berlin, MA is $2,830, with a year-over-year rent change of -10.7%. Per bedroom, the median rent as of July '25 in Berlin, MA is studios: $2,530, 1-bedrooms: $2,780, 2-bedrooms: $3,020. The most common rental property sizes in Berlin, MA are 1-bedroom and 2-bedroom, accounting for 60.6% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,920 | $2,830 |
| Studio Rent | $2,520 | $2,530 |
| 1 Bed Rent | $2,630 | $2,780 |
| 2 Bed Rent | $2,960 | $3,020 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Berlin, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Berlin, MA is 35. This is a increase of 142.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $825,000 | -11.0% |
Listing Count | 11 | 20.0% |
| Listings as % of Homes | 0.6% | 20.0% |
Days on Market | 35 | 142.0% |
Demographics — Berlin, MA
As of the latest ACS Survey released in 2023, Berlin, MA has a population of 3,310, which has increased by 5.3% over the past 5 years. Berlin, MA is a less popular place for families, as children make up 12.5% of the population. The area has a highly educated workforce, with 54.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,310 | 5.3% |
% Under 18 | 12.5% | -38.4% |
% Seniors | 30.4% | 44.8% |
% WFH | 31.0% | 620.9% |
% w/ College Degree | 54.4% | 16.2% |
As of the latest ACS Survey released in 2023, Berlin, MA is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Berlin, MA is hispanic, making up 2.9% of the population. Foreign-born residents account for 6.9% of the population in Berlin, MA, and this percentage has increased by 13.1% 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 | 90.0% | -6.6% |
% Black | 1.9% | 280.0% |
% Hispanic | 2.9% | 314.3% |
% Asian | 2.2% | 29.4% |
% Foreign Born | 6.9% | 13.1% |
Mortgage and Risk — Berlin, MA
According to HUD data as of 2023, there were 69 mortgage originations in Berlin, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Berlin, MA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 69 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Berlin, MA
Berlin, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 75 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 12.3% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$490 | $2,630 | $2,140 |
| 2 Bedroom | -$410 | $2,960 | $2,550 |
| 3 Bedroom | N/A | N/A | $3,080 |
| 4 Bedroom | N/A | N/A | $3,390 |
Affordability — Berlin, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $655,000 |
| Median Household Income | $122,000 |