Dracut, MA—01826
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dracut, MA
As of Oct '25, the median home price in Dracut, MA is $565,000, with a year-over-year change of 0.7%. This indicates that home prices in Dracut, MA are flat. 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 | $565,000 | 0.7% |
| Single Family | $597,000 | 0.7% |
| Condos | $348,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $234,000 | 2.2% |
2 Bed | $385,000 | 0.8% |
3 Bed | $578,000 | 0.5% |
4 Bed | $718,000 | 1.0% |
| 5 Bed | $777,000 | 0.8% |
% of Housing Stock
Rental Trends — Dracut, MA
As of July '25, Rentcast reports the average rent in Dracut, MA is $2,340, with a year-over-year rent change of -2.1%. Per bedroom, the median rent as of July '25 in Dracut, MA is 1-bedrooms: $2,240, 2-bedrooms: $2,300, 3-bedrooms: $3,500. The most common rental property sizes in Dracut, MA are 2-bedroom and 1-bedroom, accounting for 52.3% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,290 | $2,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,240 |
| 2 Bed Rent | $2,290 | $2,300 |
| 3 Bed Rent | $3,200 | $3,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dracut, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Dracut, MA is 24. This is a increase of 57.0% 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 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $563,000 | 2.0% |
Listing Count | 49 | 53.0% |
| Listings as % of Homes | 0.1% | 53.0% |
Days on Market | 24 | 57.0% |
Demographics — Dracut, MA
As of the latest ACS Survey released in 2023, Dracut, MA has a population of 32,400, which has increased by 4.1% over the past 5 years. Dracut, MA is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 35.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,400 | 4.1% |
% Under 18 | 21.4% | -3.2% |
% Seniors | 17.9% | 16.2% |
% WFH | 10.2% | 148.8% |
% w/ College Degree | 35.3% | 23.0% |
As of the latest ACS Survey released in 2023, Dracut, MA is a predominantly white area, with 78.6% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Dracut, MA is hispanic, making up 8.9% of the population. Foreign-born residents account for 10.5% of the population in Dracut, MA, and this percentage has increased by 14.1% 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 | 78.6% | -6.9% |
% Black | 3.2% | -15.8% |
% Hispanic | 8.9% | 43.5% |
% Asian | 5.9% | 51.3% |
% Foreign Born | 10.5% | 14.1% |
Mortgage and Risk — Dracut, MA
According to HUD data as of 2023, there were 567 mortgage originations in Dracut, MA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Dracut, MA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 567 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Dracut, MA
Dracut, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 293 |
Total Units Section 8 | 249 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 88.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$310 | $2,000 | $1,690 |
| 2 Bedroom | -$70 | $2,290 | $2,220 |
| 3 Bedroom | -$530 | $3,200 | $2,670 |
| 4 Bedroom | N/A | N/A | $2,940 |
Affordability — Dracut, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $565,000 |
| Median Household Income | $111,000 |