Saugus, MA—01906
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saugus, MA
As of Oct '25, the median home price in Saugus, MA is $676,000, with a year-over-year change of 1.0%. This indicates that home prices in Saugus, MA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $676,000 | 1.0% |
| Single Family | $692,000 | 0.9% |
| Condos | $509,000 | 1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $385,000 | 2.4% |
2 Bed | $573,000 | 1.6% |
3 Bed | $683,000 | 0.7% |
4 Bed | $793,000 | 0.6% |
| 5 Bed | $884,000 | 0.6% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Saugus, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Saugus, MA is 18. This is a increase of 3.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $707,000 | 10.0% |
Listing Count | 40 | 31.0% |
| Listings as % of Homes | 0.2% | 31.0% |
Days on Market | 18 | 3.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Saugus, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $676,000 |
| Median Household Income | $101,000 |