Westborough, MA 01581 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Westborough, MA—01581

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$746,000

0.0% YoY Growth

Household Income

$134,000

23.6% YoY Growth

Days on Market

21.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$2,800

2.5% YoY Growth

1-Bed Rent

$2,300

2.2% YoY Growth

2-Bed Rent

$2,900

4.1% YoY Growth

3-Bed Rent

$3,540

1.6% YoY Growth

Home Price Trends — Westborough, MA

As of May '26, the median home price in Westborough, MA is $746,000, with a year-over-year change of 0.0%. This indicates that home prices in Westborough, MA are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$746,000	0.0%
Single Family	$839,000	-0.1%
Condos	$521,000	1.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Westborough, MA

As of July '25, Rentcast reports the average rent in Westborough, MA is $2,690, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Westborough, MA is studios: $2,000, 1-bedrooms: $2,270, 2-bedrooms: $2,830, 3-bedrooms: $3,580, 4-bedrooms: $4,300. The most common rental property sizes in Westborough, MA are 2-bedroom and 1-bedroom, accounting for 41.0% and 35.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,800	$2,690
Studio Rent	$1,960	$2,000
1 Bed Rent	$2,300	$2,270
2 Bed Rent	$2,900	$2,830
3 Bed Rent	$3,540	$3,580
4 Bed Rent	$4,200	$4,300

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% of Rental Stock

Studio

12.6%

1 Bedroom

35.8%

2 Bedrooms

41.0%

3 Bedrooms

9.6%

4 Bedrooms

1.0%

Property Listings — Westborough, MA

As of May '26, Realtor.com reports that the median days on market for a home in Westborough, MA is 34. This is a increase of 21.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$650,000	-3.0%
Listing Count	93	50.0%
Listings as % of Homes	0.2%	50.0%
Days on Market	34	21.0%

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Demographics — Westborough, MA

As of the latest ACS Survey released in 2023, Westborough, MA has a population of 21,600, which has increased by 13.7% over the past 5 years. Westborough, MA is a popular place for families, as children make up 25.6% of the population. The area has a highly educated workforce, with 66.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	21,600	13.7%
% Under 18	25.6%	-3.4%
% Seniors	15.7%	16.3%
% WFH	24.5%	260.3%
% w/ College Degree	66.0%	-1.5%

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As of the latest ACS Survey released in 2023, Westborough, MA is a predominantly white area, with 59.1% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Westborough, MA is asian, making up 23.0% of the population. Foreign-born residents account for 28.9% of the population in Westborough, MA, and this percentage has increased by 6.2% 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	59.1%	-10.7%
% Black	3.1%	10.7%
% Hispanic	7.8%	47.2%
% Asian	23.0%	-4.2%
% Foreign Born	28.9%	6.2%

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Mortgage and Risk — Westborough, MA

According to HUD data as of 2023, there were 351 mortgage originations in Westborough, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Westborough, MA. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	351
% Conventional Loans	99.0%
% Government Loans	1.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Westborough, MA

As of 2024, the percent of homes in Westborough, MA under the Section 8 program is 3.4%. 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. In Westborough, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	113
Total Units Section 8	113
% Rentals under Section 8	3.4%
% Occupied Section 8	97.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$250	$2,300	$2,050
2 Bedroom	-$260	$2,900	$2,640
3 Bedroom	-$310	$3,540	$3,230
4 Bedroom	-$650	$4,200	$3,550

Westborough, MA—01581

Key Metrics at a Glance

Home Price Trends — Westborough, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westborough, MA

% of Rental Stock

Property Listings — Westborough, MA

Demographics — Westborough, MA

Race and Ethnicity

Mortgage and Risk — Westborough, MA

Mortgages

Rentals and Section 8 — Westborough, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Westborough, MA

Home Price to Income Ratio

Westborough, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Northborough, MA

Grafton, MA

Hopkinton, MA

Southborough, MA

Upton, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$746,000
Median Household Income	$134,000

Westborough, MA—01581

Key Metrics at a Glance

Home Price Trends — Westborough, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westborough, MA

% of Rental Stock

Property Listings — Westborough, MA

Demographics — Westborough, MA

Race and Ethnicity

Mortgage and Risk — Westborough, MA

Mortgages

Rentals and Section 8 — Westborough, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Westborough, MA

Home Price to Income Ratio

Westborough, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Northborough, MA

Grafton, MA

Hopkinton, MA

Southborough, MA

Upton, MA

Frequently Asked Questions

What is the average home price in Westborough, MA 01581?

How have home prices in Westborough, MA 01581 changed over the past year?

What is the home price projection for Westborough, MA 01581?

What are the demographics of Westborough, MA 01581?

How long does it take homes to sell in Westborough, MA 01581?

What is the average rent price in Westborough, MA 01581?