Newbury, MA—01951
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Newbury, MA
Home Price Trends — Newbury, MA
As of Oct '25, the median home price in Newbury, MA is $966,000, with a year-over-year change of 2.9%. This indicates that home prices in Newbury, MA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $966,000 | 2.9% |
| Single Family | $969,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $857,000 | 4.0% |
3 Bed | $969,000 | 2.3% |
4 Bed | $1,199,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newbury, MA
As of July '25, Rentcast reports the average rent in Newbury, MA is $3,800, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Newbury, MA is 1-bedrooms: $3,500, 2-bedrooms: $3,440, 3-bedrooms: $5,250, 4-bedrooms: $3,550. The most common rental property sizes in Newbury, MA are 1-bedroom and 3-bedroom, accounting for 54.1% and 19.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,500 | $3,500 |
| 2 Bed Rent | $2,800 | $3,440 |
| 3 Bed Rent | $3,500 | $5,250 |
| 4 Bed Rent | $3,200 | $3,550 |
% of Rental Stock
Property Listings — Newbury, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newbury, MA is 74. This is a increase of 7.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,260,000 | -14.0% |
Listing Count | 15 | -2.0% |
| Listings as % of Homes | 0.5% | -2.0% |
Days on Market | 74 | 7.0% |
Demographics — Newbury, MA
As of the latest ACS Survey released in 2023, Newbury, MA has a population of 2,940, which has decreased by -21.8% over the past 5 years. Newbury, MA is a moderately popular place for families, as children make up 17.0% of the population. The area has a highly educated workforce, with 60.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,940 | -21.8% |
% Under 18 | 17.0% | 4.9% |
% Seniors | 24.4% | 25.1% |
% WFH | 22.9% | 37.1% |
% w/ College Degree | 60.6% | 6.3% |
As of the latest ACS Survey released in 2023, Newbury, MA is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Newbury, MA is asian, making up 2.5% of the population. Foreign-born residents account for 5.7% of the population in Newbury, MA, and this percentage has increased by 83.9% 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 | 90.0% | -4.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.3% | -89.7% |
% Asian | 2.5% | ∞% |
% Foreign Born | 5.7% | 83.9% |
Mortgage and Risk — Newbury, MA
According to HUD data as of 2023, there were 135 mortgage originations in Newbury, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Newbury, MA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 135 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Newbury, MA
As of 2024, the percent of homes in Newbury, MA under the Section 8 program is 1.9%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Newbury, MA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,230 | $3,500 | $2,270 |
| 2 Bedroom | -$110 | $2,800 | $2,690 |
| 3 Bedroom | -$260 | $3,500 | $3,240 |
| 4 Bedroom | $370 | $3,200 | $3,570 |
Affordability — Newbury, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $966,000 |
| Median Household Income | $176,000 |