Saugus, MA 01906 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Saugus, MA—01906

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$698,000

0.6% YoY Growth

Household Income

$101,000

25.6% YoY Growth

Days on Market

14.0% Shorter YoY

Home Price Forecast

0.1%

Median Rent

$2,650

7.4% YoY Growth

1-Bed Rent

$2,570

6.7% YoY Growth

2-Bed Rent

$3,170

5.2% YoY Growth

3-Bed Rent

$3,500

5.2% YoY Growth

Home Price Trends — Saugus, MA

As of May '26, the median home price in Saugus, MA is $698,000, with a year-over-year change of 0.6%. This indicates that home prices in Saugus, MA are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$698,000	0.6%
Single Family	$715,000	0.7%
Condos	$510,000	0.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Saugus, MA

As of July '25, Rentcast reports the average rent in Saugus, MA is $2,860, with a year-over-year rent change of -7.4%. Per bedroom, the median rent as of July '25 in Saugus, MA is studios: $2,090, 1-bedrooms: $2,490, 2-bedrooms: $3,100, 3-bedrooms: $3,660, 4-bedrooms: $3,900. The most common rental property sizes in Saugus, MA are 2-bedroom and 1-bedroom, accounting for 41.6% and 29.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,650	$2,860
Studio Rent	$2,290	$2,090
1 Bed Rent	$2,570	$2,490
2 Bed Rent	$3,170	$3,100
3 Bed Rent	$3,500	$3,660
4 Bed Rent	$3,800	$3,900

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% of Rental Stock

Studio

2.8%

1 Bedroom

29.9%

2 Bedrooms

41.6%

3 Bedrooms

14.8%

4 Bedrooms

2.2%

5+ Bedrooms

8.7%

Property Listings — Saugus, MA

As of May '26, Realtor.com reports that the median days on market for a home in Saugus, MA is 17. This is a decrease of -14.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$760,000	0.0%
Listing Count	77	67.0%
Listings as % of Homes	0.2%	67.0%
Days on Market	17	-14.0%

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Demographics — Saugus, MA

As of the latest ACS Survey released in 2023, Saugus, MA has a population of 28,600, which has increased by 1.5% over the past 5 years. Saugus, MA is a moderately popular place for families, as children make up 16.9% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	28,600	1.5%
% Under 18	16.9%	-5.1%
% Seniors	21.7%	5.3%
% WFH	11.7%	588.2%
% w/ College Degree	31.4%	11.0%

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As of the latest ACS Survey released in 2023, Saugus, MA is a predominantly white area, with 74.3% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Saugus, MA is hispanic, making up 12.3% of the population. Foreign-born residents account for 17.0% of the population in Saugus, MA, and this percentage has increased by 34.9% 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	74.3%	-11.9%
% Black	4.8%	54.8%
% Hispanic	12.3%	105.0%
% Asian	2.9%	-42.0%
% Foreign Born	17.0%	34.9%

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Mortgage and Risk — Saugus, MA

According to HUD data as of 2023, there were 489 mortgage originations in Saugus, MA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Saugus, MA. Investor activity is low, as 1.0% 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	489
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Saugus, MA

As of 2024, the percent of homes in Saugus, MA under the Section 8 program is 16.8%. 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. In Saugus, 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	587
Total Units Section 8	467
% Rentals under Section 8	16.8%
% Occupied Section 8	92.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$430	$2,570	$2,140
2 Bedroom	-$620	$3,170	$2,550
3 Bedroom	-$420	$3,500	$3,080
4 Bedroom	-$410	$3,800	$3,390

Saugus, MA—01906

Key Metrics at a Glance

Home Price Trends — Saugus, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saugus, MA

% of Rental Stock

Property Listings — Saugus, MA

Demographics — Saugus, MA

Race and Ethnicity

Mortgage and Risk — Saugus, MA

Mortgages

Rentals and Section 8 — Saugus, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Saugus, MA

Home Price to Income Ratio

Saugus, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lynn, MA

Lynn, MA

Melrose, MA

Revere, MA

Malden, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.1
Median Home Price	$698,000
Median Household Income	$101,000

Saugus, MA—01906

Key Metrics at a Glance

Home Price Trends — Saugus, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saugus, MA

% of Rental Stock

Property Listings — Saugus, MA

Demographics — Saugus, MA

Race and Ethnicity

Mortgage and Risk — Saugus, MA

Mortgages

Rentals and Section 8 — Saugus, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Saugus, MA

Home Price to Income Ratio

Saugus, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lynn, MA

Lynn, MA

Melrose, MA

Revere, MA

Malden, MA

Frequently Asked Questions

What is the average home price in Saugus, MA 01906?

How have home prices in Saugus, MA 01906 changed over the past year?

What is the home price projection for Saugus, MA 01906?

What are the demographics of Saugus, MA 01906?

How long does it take homes to sell in Saugus, MA 01906?

What is the average rent price in Saugus, MA 01906?