Blackstone, MA—01504
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blackstone, MA
As of Oct '25, the median home price in Blackstone, MA is $471,000, with a year-over-year change of 2.0%. This indicates that home prices in Blackstone, MA are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $471,000 | 2.0% |
| Single Family | $491,000 | 1.7% |
| Condos | $352,000 | 4.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $382,000 | 3.0% |
3 Bed | $474,000 | 1.5% |
4 Bed | $585,000 | 2.3% |
| 5 Bed | $560,000 | 1.3% |
% of Housing Stock
Rental Trends — Blackstone, MA
As of July '25, Rentcast reports the average rent in Blackstone, MA is $2,340, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in Blackstone, MA is 1-bedrooms: $1,700, 2-bedrooms: $1,850, 3-bedrooms: $2,350, 4-bedrooms: $3,650. The most common rental property sizes in Blackstone, MA are 2-bedroom and 1-bedroom, accounting for 40.3% and 37.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,700 |
| 2 Bed Rent | $1,750 | $1,850 |
| 3 Bed Rent | $2,300 | $2,350 |
| 4 Bed Rent | $3,400 | $3,650 |
% of Rental Stock
Property Listings — Blackstone, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Blackstone, MA is 30. This is a decrease of -25.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $494,000 | 17.0% |
Listing Count | 16 | -18.0% |
| Listings as % of Homes | 0.3% | -18.0% |
Days on Market | 30 | -25.0% |
Demographics — Blackstone, MA
As of the latest ACS Survey released in 2023, Blackstone, MA has a population of 9,210, which has remained stable by -0.4% over the past 5 years. Blackstone, MA is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 34.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,210 | -0.4% |
% Under 18 | 21.3% | -3.6% |
% Seniors | 18.6% | 55.0% |
% WFH | 16.8% | 479.3% |
% w/ College Degree | 34.6% | 8.5% |
As of the latest ACS Survey released in 2023, Blackstone, MA is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 9.0% in the last 5 years. The second most common race or ethnicity in Blackstone, MA is hispanic, making up 5.2% of the population. Foreign-born residents account for 6.4% of the population in Blackstone, MA, and this percentage has increased by 60.0% 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 | 84.6% | -9.0% |
% Black | 3.1% | 55.0% |
% Hispanic | 5.2% | 85.7% |
% Asian | 2.0% | 566.7% |
% Foreign Born | 6.4% | 60.0% |
Mortgage and Risk — Blackstone, MA
According to HUD data as of 2023, there were 180 mortgage originations in Blackstone, MA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Blackstone, MA. Investor activity is low, as 3.0% 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 | 180 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Blackstone, MA
As of 2024, the percent of homes in Blackstone, MA under the Section 8 program is 8.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Blackstone, MA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | 8.1% |
% Occupied Section 8 | 95.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,700 | $2,140 |
| 2 Bedroom | $800 | $1,750 | $2,550 |
| 3 Bedroom | $780 | $2,300 | $3,080 |
| 4 Bedroom | -$10 | $3,400 | $3,390 |
Affordability — Blackstone, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $471,000 |
| Median Household Income | $99,000 |