Ashland, MA—01721
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ashland, MA
As of Oct '25, the median home price in Ashland, MA is $666,000, with a year-over-year change of 2.8%. This indicates that home prices in Ashland, MA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $666,000 | 2.8% |
| Single Family | $747,000 | 1.6% |
| Condos | $573,000 | 4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $410,000 | 2.0% |
2 Bed | $588,000 | 4.3% |
3 Bed | $658,000 | 2.0% |
4 Bed | $975,000 | 2.2% |
| 5 Bed | $1,032,000 | 2.1% |
% of Housing Stock
Rental Trends — Ashland, MA
As of July '25, Rentcast reports the average rent in Ashland, MA is $2,900, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Ashland, MA is studios: $1,800, 1-bedrooms: $2,380, 2-bedrooms: $3,070, 3-bedrooms: $3,300, 4-bedrooms: $4,500. The most common rental property sizes in Ashland, MA are 2-bedroom and 1-bedroom, accounting for 56.3% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,930 | $2,900 |
| Studio Rent | $1,800 | $1,800 |
| 1 Bed Rent | $2,390 | $2,380 |
| 2 Bed Rent | $3,100 | $3,070 |
| 3 Bed Rent | $3,200 | $3,300 |
| 4 Bed Rent | $4,500 | $4,500 |
% of Rental Stock
Property Listings — Ashland, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ashland, MA is 28. This is a increase of 178.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $586,000 | 1.0% |
Listing Count | 27 | 56.0% |
| Listings as % of Homes | 0.1% | 56.0% |
Days on Market | 28 | 178.0% |
Demographics — Ashland, MA
As of the latest ACS Survey released in 2023, Ashland, MA has a population of 18,700, which has increased by 6.4% over the past 5 years. Ashland, MA is a moderately popular place for families, as children make up 18.6% of the population. The area has a highly educated workforce, with 59.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,700 | 6.4% |
% Under 18 | 18.6% | -19.1% |
% Seniors | 17.3% | 16.9% |
% WFH | 20.9% | 344.7% |
% w/ College Degree | 59.5% | -1.0% |
As of the latest ACS Survey released in 2023, Ashland, MA is a predominantly white area, with 66.0% of the population identifying as white. The white population has shrunk by 15.5% in the last 5 years. The second most common race or ethnicity in Ashland, MA is asian, making up 15.0% of the population. Foreign-born residents account for 21.9% of the population in Ashland, MA, and this percentage has increased by 2.8% 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 | 66.0% | -15.5% |
% Black | 5.3% | 96.3% |
% Hispanic | 7.6% | 7.0% |
% Asian | 15.0% | 45.6% |
% Foreign Born | 21.9% | 2.8% |
Mortgage and Risk — Ashland, MA
According to HUD data as of 2023, there were 309 mortgage originations in Ashland, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Ashland, 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 | 309 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Ashland, MA
As of 2024, the percent of homes in Ashland, MA under the Section 8 program is 16.0%. This is considered high, suggesting that the neighborhood is heavily 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 Ashland, MA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 293 |
Total Units Section 8 | 293 |
% Rentals under Section 8 | 16.0% |
% Occupied Section 8 | 94.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $2,390 | $2,650 |
| 2 Bedroom | $40 | $3,100 | $3,140 |
| 3 Bedroom | $580 | $3,200 | $3,780 |
| 4 Bedroom | -$340 | $4,500 | $4,160 |
Affordability — Ashland, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $666,000 |
| Median Household Income | $127,000 |