Randolph, MA—02368
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Randolph, MA
As of Oct '25, the median home price in Randolph, MA is $575,000, with a year-over-year change of 0.5%. This indicates that home prices in Randolph, MA are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $575,000 | 0.5% |
| Single Family | $596,000 | 0.3% |
| Condos | $425,000 | 2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $249,000 | -1.2% |
2 Bed | $458,000 | 1.3% |
3 Bed | $571,000 | 0.4% |
4 Bed | $667,000 | 0.2% |
| 5 Bed | $704,000 | 0.3% |
% of Housing Stock
Rental Trends — Randolph, MA
As of July '25, Rentcast reports the average rent in Randolph, MA is $2,930, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Randolph, MA is studios: $1,900, 1-bedrooms: $2,120, 2-bedrooms: $2,510, 3-bedrooms: $3,390, 4-bedrooms: $3,990. The most common rental property sizes in Randolph, MA are 2-bedroom and 1-bedroom, accounting for 42.2% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,720 | $2,930 |
| Studio Rent | $1,900 | $1,900 |
| 1 Bed Rent | $2,100 | $2,120 |
| 2 Bed Rent | $2,500 | $2,510 |
| 3 Bed Rent | $3,400 | $3,390 |
| 4 Bed Rent | $4,000 | $3,990 |
% of Rental Stock
Property Listings — Randolph, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Randolph, MA is 36. This is a increase of 55.0% 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 58.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $597,000 | 14.0% |
Listing Count | 48 | 81.0% |
| Listings as % of Homes | 0.2% | 81.0% |
Days on Market | 36 | 55.0% |
Demographics — Randolph, MA
As of the latest ACS Survey released in 2023, Randolph, MA has a population of 34,700, which has increased by 1.5% over the past 5 years. Randolph, MA is a moderately popular place for families, as children make up 18.2% of the population. The area has a moderately educated workforce, with 34.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,700 | 1.5% |
% Under 18 | 18.2% | -3.7% |
% Seniors | 17.5% | 6.1% |
% WFH | 13.9% | 768.8% |
% w/ College Degree | 34.9% | 29.7% |
As of the latest ACS Survey released in 2023, Randolph, MA is a predominantly black area, with 41.8% of the population identifying as black. The black population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Randolph, MA is white, making up 27.7% of the population. Foreign-born residents account for 36.0% of the population in Randolph, MA, and this percentage has increased by 11.8% 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 | 27.7% | -17.3% |
% Black | 41.8% | 1.7% |
% Hispanic | 13.1% | 47.2% |
% Asian | 13.0% | 8.3% |
% Foreign Born | 36.0% | 11.8% |
Mortgage and Risk — Randolph, MA
According to HUD data as of 2023, there were 463 mortgage originations in Randolph, MA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Randolph, MA. Investor activity is low, as 2.0% 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 | 463 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Randolph, MA
As of 2024, the percent of homes in Randolph, MA under the Section 8 program is 34.9%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Randolph, MA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,294 |
Total Units Section 8 | 1,294 |
% Rentals under Section 8 | 34.9% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $2,100 | $2,330 |
| 2 Bedroom | $260 | $2,500 | $2,760 |
| 3 Bedroom | -$70 | $3,400 | $3,330 |
| 4 Bedroom | -$340 | $4,000 | $3,660 |
Affordability — Randolph, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $575,000 |
| Median Household Income | $103,000 |