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Warren, MA—01585

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$417,000
0.3% YoY Growth
Household Income
$70,800
3.2% YoY Growth
Days on Market
13
62.0% Shorter YoY
Home Price Forecast
0.9%
Median Rent
$1,400
2.8% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,400
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Warren, MA

As of May '26, the median home price in Warren, MA is $417,000, with a year-over-year change of -0.3%. This indicates that home prices in Warren, 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 TypeMedian Home ValueYoY % Change
All Homes
$417,000-0.3%
Single Family $420,0000.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$354,000-1.1%
    3 Bed
    		$442,0000.5%
    4 Bed
    		$511,0001.0%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    12.0%
    2 Bedrooms
    29.0%
    3 Bedrooms
    47.8%
    4 Bedrooms
    9.8%
    5+ Bedrooms
    1.4%

    Rental Trends — Warren, MA

    As of July '25, Rentcast reports the average rent in Warren, MA is $1,750, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Warren, MA is 2-bedrooms: $1,750. The most common rental property sizes in Warren, MA are 2-bedroom and 1-bedroom, accounting for 44.2% and 28.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,750
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,400$1,750
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    28.0%
    2 Bedrooms
    44.2%
    3 Bedrooms
    23.0%
    4 Bedrooms
    4.8%

    Property Listings — Warren, MA

    As of May '26, Realtor.com reports that the median days on market for a home in Warren, MA is 13. This is a decrease of -62.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$565,000-12.0%
    Listing Count
    		18114.0%
    Listings as % of Homes0.2%114.0%
    Days on Market
    		13-62.0%
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    Demographics — Warren, MA

    As of the latest ACS Survey released in 2023, Warren, MA has a population of 4,940, which has increased by 8.0% over the past 5 years. Warren, MA is a moderately popular place for families, as children make up 16.0% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,9408.0%
    % Under 18
    		16.0%-5.3%
    % Seniors
    		30.6%40.4%
    % WFH
    		16.8%522.2%
    % w/ College Degree
    		28.5%-6.9%
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    As of the latest ACS Survey released in 2023, Warren, MA is a predominantly white area, with 91.8% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Warren, MA is hispanic, making up 6.7% of the population. Foreign-born residents account for 4.0% of the population in Warren, MA, and this percentage has increased by 81.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		91.8%-4.9%
    % Black
    		0.0%-100.0%
    % Hispanic
    		6.7%509.1%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		4.0%81.8%
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    Mortgage and Risk — Warren, MA

    According to HUD data as of 2023, there were 77 mortgage originations in Warren, MA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Warren, MA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		77
    % Conventional Loans
    		77.0%
    % Government Loans
    		23.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		14.0%
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    Rentals and Section 8 — Warren, MA

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

    Section 8 Market Size

    Total Units under HUD
    		8
    Total Units Section 8
    		8
    % Rentals under Section 8
    		1.9%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,170
    2 Bedroom$100$1,400$1,500
    3 BedroomN/AN/A$1,810
    4 BedroomN/AN/A$2,090

    Affordability — Warren, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$417,000
    Median Household Income$70,800

    Warren, MA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Warren

    01083

    Brookfield, MA

    01506

    West Warren

    01092

    New Braintree, MA

    01531

    North Brookfield, MA

    01535

    Frequently Asked Questions