Woburn, MA—01801
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woburn, MA
As of Oct '25, the median home price in Woburn, MA is $741,000, with a year-over-year change of 1.8%. This indicates that home prices in Woburn, MA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $741,000 | 1.8% |
| Single Family | $765,000 | 1.6% |
| Condos | $589,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $336,000 | 3.7% |
2 Bed | $609,000 | 2.7% |
3 Bed | $735,000 | 1.8% |
4 Bed | $871,000 | 1.6% |
| 5 Bed | $904,000 | 1.6% |
% of Housing Stock
Rental Trends — Woburn, MA
As of July '25, Rentcast reports the average rent in Woburn, MA is $2,930, with a year-over-year rent change of -4.6%. Per bedroom, the median rent as of July '25 in Woburn, MA is studios: $2,390, 1-bedrooms: $2,540, 2-bedrooms: $3,110, 3-bedrooms: $3,600, 4-bedrooms: $4,310. The most common rental property sizes in Woburn, MA are 2-bedroom and 1-bedroom, accounting for 39.7% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $2,930 |
| Studio Rent | $2,490 | $2,390 |
| 1 Bed Rent | $2,400 | $2,540 |
| 2 Bed Rent | $3,000 | $3,110 |
| 3 Bed Rent | $3,600 | $3,600 |
| 4 Bed Rent | $4,150 | $4,310 |
% of Rental Stock
Property Listings — Woburn, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Woburn, MA is 31. This is a increase of 52.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $785,000 | -2.0% |
Listing Count | 62 | 25.0% |
| Listings as % of Homes | 0.2% | 25.0% |
Days on Market | 31 | 52.0% |
Demographics — Woburn, MA
As of the latest ACS Survey released in 2023, Woburn, MA has a population of 41,200, which has increased by 2.1% over the past 5 years. Woburn, MA is a moderately popular place for families, as children make up 17.7% of the population. The area has a highly educated workforce, with 47.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,200 | 2.1% |
% Under 18 | 17.7% | -9.2% |
% Seniors | 15.6% | -4.9% |
% WFH | 15.1% | 214.6% |
% w/ College Degree | 47.3% | 5.6% |
As of the latest ACS Survey released in 2023, Woburn, MA is a predominantly white area, with 74.2% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Woburn, MA is asian, making up 8.2% of the population. Foreign-born residents account for 20.2% of the population in Woburn, MA, and this percentage has increased by 3.1% 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 | 74.2% | -4.0% |
% Black | 5.9% | -18.1% |
% Hispanic | 5.9% | 20.4% |
% Asian | 8.2% | 3.8% |
% Foreign Born | 20.2% | 3.1% |
Mortgage and Risk — Woburn, MA
According to HUD data as of 2023, there were 610 mortgage originations in Woburn, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Woburn, MA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 610 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Woburn, MA
As of 2024, the percent of homes in Woburn, MA under the Section 8 program is 7.8%. 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 units appear to be good home sizes to consider for Section 8 housing in Woburn, MA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 677 |
Total Units Section 8 | 556 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $2,400 | $2,490 |
| 2 Bedroom | -$50 | $3,000 | $2,950 |
| 3 Bedroom | -$50 | $3,600 | $3,550 |
| 4 Bedroom | -$240 | $4,150 | $3,910 |
Affordability — Woburn, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $741,000 |
| Median Household Income | $108,000 |