Bridgewater, MA—02324
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bridgewater, MA
As of Oct '25, the median home price in Bridgewater, MA is $620,000, with a year-over-year change of 2.5%. This indicates that home prices in Bridgewater, MA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $620,000 | 2.5% |
| Single Family | $651,000 | 2.5% |
| Condos | $332,000 | 1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $226,000 | 1.8% |
2 Bed | $389,000 | 1.8% |
3 Bed | $606,000 | 2.5% |
4 Bed | $766,000 | 2.5% |
| 5 Bed | $764,000 | 2.8% |
% of Housing Stock
Rental Trends — Bridgewater, MA
As of July '25, Rentcast reports the average rent in Bridgewater, MA is $2,610, with a year-over-year rent change of 9.7%. Per bedroom, the median rent as of July '25 in Bridgewater, MA is studios: $1,850, 1-bedrooms: $2,120, 2-bedrooms: $2,250, 3-bedrooms: $2,830, 4-bedrooms: $4,950. The most common rental property sizes in Bridgewater, MA are 2-bedroom and 1-bedroom, accounting for 49.9% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,610 |
| Studio Rent | $1,850 | $1,850 |
| 1 Bed Rent | $1,920 | $2,120 |
| 2 Bed Rent | $2,300 | $2,250 |
| 3 Bed Rent | $2,850 | $2,830 |
| 4 Bed Rent | $4,950 | $4,950 |
% of Rental Stock
Property Listings — Bridgewater, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bridgewater, MA is 38. This is a increase of 11.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $650,000 | -1.0% |
Listing Count | 45 | 23.0% |
| Listings as % of Homes | 0.3% | 23.0% |
Days on Market | 38 | 11.0% |
Demographics — Bridgewater, MA
As of the latest ACS Survey released in 2023, Bridgewater, MA has a population of 26,000, which has decreased by -5.0% over the past 5 years. Bridgewater, MA is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,000 | -5.0% |
% Under 18 | 18.1% | 0.6% |
% Seniors | 19.3% | 40.9% |
% WFH | 11.9% | 164.4% |
% w/ College Degree | 39.6% | 12.8% |
As of the latest ACS Survey released in 2023, Bridgewater, MA is a predominantly white area, with 82.6% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Bridgewater, MA is black, making up 6.2% of the population. Foreign-born residents account for 8.5% of the population in Bridgewater, MA, and this percentage has increased by 63.5% 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 | 82.6% | 0.2% |
% Black | 6.2% | -29.5% |
% Hispanic | 3.8% | -7.3% |
% Asian | 3.2% | 45.5% |
% Foreign Born | 8.5% | 63.5% |
Mortgage and Risk — Bridgewater, MA
According to HUD data as of 2023, there were 469 mortgage originations in Bridgewater, MA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Bridgewater, MA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 469 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Bridgewater, MA
As of 2024, the percent of homes in Bridgewater, MA under the Section 8 program is 4.2%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Bridgewater, MA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 109 |
Total Units Section 8 | 109 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,920 | $1,930 |
| 2 Bedroom | $220 | $2,300 | $2,520 |
| 3 Bedroom | $340 | $2,850 | $3,190 |
| 4 Bedroom | -$1,500 | $4,950 | $3,450 |
Affordability — Bridgewater, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $620,000 |
| Median Household Income | $112,000 |