Marblehead, MA 01945 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Marblehead, MA—01945

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,061,000

1.0% YoY Growth

Household Income

$164,000

42.3% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

0.6%

Median Rent

$3,500

6.8% YoY Growth

1-Bed Rent

$1,980

18.5% YoY Growth

2-Bed Rent

$3,000

1.6% YoY Growth

3-Bed Rent

$3,980

9.3% YoY Growth

Home Price Trends — Marblehead, MA

As of May '26, the median home price in Marblehead, MA is $1,061,000, with a year-over-year change of 1.0%. This indicates that home prices in Marblehead, MA are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,061,000	1.0%
Single Family	$1,128,000	1.2%
Condos	$600,000	0.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Marblehead, MA

As of July '25, Rentcast reports the average rent in Marblehead, MA is $3,680, with a year-over-year rent change of -6.8%. Per bedroom, the median rent as of July '25 in Marblehead, MA is studios: $1,600, 1-bedrooms: $2,120, 2-bedrooms: $3,020, 3-bedrooms: $4,290, 4-bedrooms: $5,670. The most common rental property sizes in Marblehead, MA are 1-bedroom and 2-bedroom, accounting for 33.2% and 31.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,500	$3,680
Studio Rent	$1,600	$1,600
1 Bed Rent	$1,980	$2,120
2 Bed Rent	$3,000	$3,020
3 Bed Rent	$3,980	$4,290
4 Bed Rent	$5,900	$5,670

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% of Rental Stock

Studio

6.9%

1 Bedroom

33.2%

2 Bedrooms

31.4%

3 Bedrooms

20.5%

4 Bedrooms

6.3%

5+ Bedrooms

1.7%

Property Listings — Marblehead, MA

As of May '26, Realtor.com reports that the median days on market for a home in Marblehead, MA is 25. This is a increase of 10.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$964,000	-14.0%
Listing Count	72	31.0%
Listings as % of Homes	0.2%	31.0%
Days on Market	25	10.0%

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Demographics — Marblehead, MA

As of the latest ACS Survey released in 2023, Marblehead, MA has a population of 20,400, which has remained stable by -0.5% over the past 5 years. Marblehead, MA is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 76.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,400	-0.5%
% Under 18	21.9%	-6.8%
% Seniors	22.8%	1.8%
% WFH	29.9%	187.5%
% w/ College Degree	76.8%	8.8%

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As of the latest ACS Survey released in 2023, Marblehead, MA is a predominantly white area, with 93.4% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Marblehead, MA is hispanic, making up 2.6% of the population. Foreign-born residents account for 6.6% of the population in Marblehead, MA, and this percentage has decreased by 40.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.4%	2.0%
% Black	0.7%	-53.3%
% Hispanic	2.6%	-43.5%
% Asian	1.1%	-26.7%
% Foreign Born	6.6%	-40.5%

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Mortgage and Risk — Marblehead, MA

According to HUD data as of 2023, there were 396 mortgage originations in Marblehead, MA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Marblehead, MA. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	396
% Conventional Loans	98.0%
% Government Loans	2.0%
% Investor Loans	6.0%
% Second Loans	3.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Marblehead, MA

As of 2024, the percent of homes in Marblehead, MA under the Section 8 program is 2.2%. 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 Marblehead, 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	35
Total Units Section 8	35
% Rentals under Section 8	2.2%
% Occupied Section 8	79.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$160	$1,980	$2,140
2 Bedroom	-$450	$3,000	$2,550
3 Bedroom	-$900	$3,980	$3,080
4 Bedroom	-$2,510	$5,900	$3,390

Marblehead, MA—01945

Key Metrics at a Glance

Home Price Trends — Marblehead, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Marblehead, MA

% of Rental Stock

Property Listings — Marblehead, MA

Demographics — Marblehead, MA

Race and Ethnicity

Mortgage and Risk — Marblehead, MA

Mortgages

Rentals and Section 8 — Marblehead, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Marblehead, MA

Home Price to Income Ratio

Marblehead, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Salem, MA

Swampscott, MA

Beverly, MA

Prides Crossing

Lynn, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.6
Median Home Price	$1,061,000
Median Household Income	$164,000

Marblehead, MA—01945

Key Metrics at a Glance

Home Price Trends — Marblehead, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Marblehead, MA

% of Rental Stock

Property Listings — Marblehead, MA

Demographics — Marblehead, MA

Race and Ethnicity

Mortgage and Risk — Marblehead, MA

Mortgages

Rentals and Section 8 — Marblehead, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Marblehead, MA

Home Price to Income Ratio

Marblehead, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Salem, MA

Swampscott, MA

Beverly, MA

Prides Crossing

Lynn, MA

Frequently Asked Questions

What is the average home price in Marblehead, MA 01945?

How have home prices in Marblehead, MA 01945 changed over the past year?

What is the home price projection for Marblehead, MA 01945?

What are the demographics of Marblehead, MA 01945?

How long does it take homes to sell in Marblehead, MA 01945?

What is the average rent price in Marblehead, MA 01945?