Charlton, MA—01507
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Charlton, MA
As of Oct '25, the median home price in Charlton, MA is $518,000, with a year-over-year change of 3.0%. This indicates that home prices in Charlton, MA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $518,000 | 3.0% |
| Single Family | $523,000 | 2.5% |
| Condos | $297,000 | 4.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $349,000 | -2.8% |
2 Bed | $380,000 | 1.1% |
3 Bed | $505,000 | 2.6% |
4 Bed | $627,000 | 2.8% |
| 5 Bed | $659,000 | 2.5% |
% of Housing Stock
Rental Trends — Charlton, MA
As of July '25, Rentcast reports the average rent in Charlton, MA is $1,680, with a year-over-year rent change of 10.5%. Per bedroom, the median rent as of July '25 in Charlton, MA is 1-bedrooms: $1,610, 2-bedrooms: $1,790. The most common rental property sizes in Charlton, MA are 1-bedroom and 2-bedroom, accounting for 45.5% and 36.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,610 |
| 2 Bed Rent | $1,700 | $1,790 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Charlton, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Charlton, MA is 35. This is a decrease of -17.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $625,000 | 1.0% |
Listing Count | 32 | 0.0% |
| Listings as % of Homes | 0.5% | 0.0% |
Days on Market | 35 | -17.0% |
Demographics — Charlton, MA
As of the latest ACS Survey released in 2023, Charlton, MA has a population of 13,400, which has remained stable by -0.9% over the past 5 years. Charlton, MA is a moderately popular place for families, as children make up 24.5% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,400 | -0.9% |
% Under 18 | 24.5% | 8.9% |
% Seniors | 17.3% | 34.1% |
% WFH | 11.2% | 93.1% |
% w/ College Degree | 37.7% | 1.1% |
As of the latest ACS Survey released in 2023, Charlton, MA is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Charlton, MA is hispanic, making up 4.2% of the population. Foreign-born residents account for 2.9% of the population in Charlton, MA, and this percentage has decreased by 23.7% 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 | 92.0% | -1.0% |
% Black | 0.4% | -42.9% |
% Hispanic | 4.2% | 0.0% |
% Asian | 0.5% | -16.7% |
% Foreign Born | 2.9% | -23.7% |
Mortgage and Risk — Charlton, MA
According to HUD data as of 2023, there were 287 mortgage originations in Charlton, MA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Charlton, MA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 287 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Charlton, MA
Charlton, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $1,400 | $1,290 |
| 2 Bedroom | -$40 | $1,700 | $1,660 |
| 3 Bedroom | N/A | N/A | $2,030 |
| 4 Bedroom | N/A | N/A | $2,230 |
Affordability — Charlton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $518,000 |
| Median Household Income | $120,000 |