Westford, MA01886

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$828,000
0.4% YoY Growth
Median Household Income
$182,000
28.6% 5-Year Growth
Days on Market
33
4.0% Shorter than last year
Home Price Forecast
1.1%
Median Rent
$3,130
1.8% YoY Growth
1-Bed Rent
$2,580
5.8% YoY Growth
2-Bed Rent
$3,380
2.3% YoY Growth
3-Bed Rent
$5,000
9.9% YoY Growth

Property Listings — Westford, MA

As of Oct '25, Realtor.com reports that the median days on market for a home in Westford, MA is 33. This is a decrease of -4.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$875,00016.0%
Listing Count
4533.0%
Listings as % of Homes0.2%33.0%
Days on Market
33-4.0%
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Demographics — Westford, MA

As of the latest ACS Survey released in 2023, Westford, MA has a population of 24,600, which has increased by 1.6% over the past 5 years. Westford, MA is a popular place for families, as children make up 26.0% of the population. The area has a highly educated workforce, with 73.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
24,6001.6%
% Under 18
26.0%-3.3%
% Seniors
14.3%10.9%
% WFH
23.9%256.7%
% w/ College Degree
73.0%5.3%
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As of the latest ACS Survey released in 2023, Westford, MA is a predominantly white area, with 70.4% of the population identifying as white. The white population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in Westford, MA is asian, making up 23.3% of the population. Foreign-born residents account for 21.0% of the population in Westford, MA, and this percentage has increased by 38.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
70.4%-8.6%
% Black
0.3%-62.5%
% Hispanic
2.6%36.8%
% Asian
23.3%23.9%
% Foreign Born
21.0%38.2%
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Mortgage and Risk — Westford, MA

According to HUD data as of 2023, there were 419 mortgage originations in Westford, MA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Westford, 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

MetricZip Code Average
Total Loan Originations
419
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
1.0%
% Second Loans
2.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Westford, MA

As of 2024, the percent of homes in Westford, MA under the Section 8 program is 11.6%. 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 Westford, 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
132
Total Units Section 8
132
% Rentals under Section 8
11.6%
% Occupied Section 8
78.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$20$2,580$2,560
2 Bedroom-$20$3,380$3,360
3 Bedroom-$950$5,000$4,050
4 Bedroom-$1,500$5,950$4,450

Affordability — Westford, MA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4
Median Home Price$828,000
Median Household Income$182,000

Westford, MA — ZIP Code Boundary Map

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Frequently Asked Questions