Lunenburg, MA 01462 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lunenburg, MA—01462

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$529,000

1.2% YoY Growth

Household Income

$110,000

8.2% YoY Growth

Days on Market

15.0% Longer YoY

Home Price Forecast

2.9%

Median Rent

$1,950

6.0% YoY Growth

1-Bed Rent

$1,350

0.0% YoY Growth

2-Bed Rent

$1,950

0.0% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Lunenburg, MA

As of Dec '25, the median home price in Lunenburg, MA is $529,000, with a year-over-year change of 1.2%. This indicates that home prices in Lunenburg, MA are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$529,000	1.2%
Single Family	$543,000	0.7%
Condos	$387,000	2.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lunenburg, MA

As of July '25, Rentcast reports the average rent in Lunenburg, MA is $2,040, with a year-over-year rent change of -6.0%. Per bedroom, the median rent as of July '25 in Lunenburg, MA is 1-bedrooms: $1,920, 2-bedrooms: $2,080. The most common rental property sizes in Lunenburg, MA are 2-bedroom and 1-bedroom, accounting for 55.1% and 26.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,950	$2,040
Studio Rent	N/A	N/A
1 Bed Rent	$1,350	$1,920
2 Bed Rent	$1,950	$2,080
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

26.2%

2 Bedrooms

55.1%

3 Bedrooms

13.1%

4 Bedrooms

1.5%

5+ Bedrooms

4.0%

Property Listings — Lunenburg, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Lunenburg, MA is 40. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$669,000	23.0%
Listing Count	12	-40.0%
Listings as % of Homes	0.4%	-40.0%
Days on Market	90	15.0%

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Demographics — Lunenburg, MA

As of the latest ACS Survey released in 2023, Lunenburg, MA has a population of 11,800, which has increased by 4.9% over the past 5 years. Lunenburg, MA is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 44.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,800	4.9%
% Under 18	23.1%	0.9%
% Seniors	16.7%	3.7%
% WFH	12.4%	82.4%
% w/ College Degree	44.8%	28.4%

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As of the latest ACS Survey released in 2023, Lunenburg, MA is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Lunenburg, MA is hispanic, making up 6.7% of the population. Foreign-born residents account for 7.2% of the population in Lunenburg, MA, and this percentage has increased by 1.4% 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	84.3%	-4.1%
% Black	2.1%	-12.5%
% Hispanic	6.7%	13.6%
% Asian	3.4%	70.0%
% Foreign Born	7.2%	1.4%

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Mortgage and Risk — Lunenburg, MA

According to HUD data as of 2023, there were 286 mortgage originations in Lunenburg, MA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Lunenburg, MA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	286
% Conventional Loans	93.0%
% Government Loans	7.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Lunenburg, MA

Lunenburg, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	90
Total Units Section 8	90
% Rentals under Section 8	11.1%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$790	$1,350	$2,140
2 Bedroom	$600	$1,950	$2,550
3 Bedroom	N/A	N/A	$3,250
4 Bedroom	N/A	N/A	$3,710

Lunenburg, MA—01462

Key Metrics at a Glance

Home Price Trends — Lunenburg, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lunenburg, MA

% of Rental Stock

Property Listings — Lunenburg, MA

Demographics — Lunenburg, MA

Race and Ethnicity

Mortgage and Risk — Lunenburg, MA

Mortgages

Rentals and Section 8 — Lunenburg, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lunenburg, MA

Home Price to Income Ratio

Lunenburg, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Shirley, MA

Townsend, MA

Leominster, MA

Townsend, MA

Fitchburg, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$529,000
Median Household Income	$110,000

Lunenburg, MA—01462

Key Metrics at a Glance

Home Price Trends — Lunenburg, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lunenburg, MA

% of Rental Stock

Property Listings — Lunenburg, MA

Demographics — Lunenburg, MA

Race and Ethnicity

Mortgage and Risk — Lunenburg, MA

Mortgages

Rentals and Section 8 — Lunenburg, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lunenburg, MA

Home Price to Income Ratio

Lunenburg, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Shirley, MA

Townsend, MA

Leominster, MA

Townsend, MA

Fitchburg, MA

Frequently Asked Questions

What is the average home price in Lunenburg, MA 01462?

How have home prices in Lunenburg, MA 01462 changed over the past year?

What is the home price projection for Lunenburg, MA 01462?

What are the demographics of Lunenburg, MA 01462?

How long does it take homes to sell in Lunenburg, MA 01462?

What is the average rent price in Lunenburg, MA 01462?