Shirley, MA—01464
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shirley, MA
As of Oct '25, the median home price in Shirley, MA is $544,000, with a year-over-year change of 2.1%. This indicates that home prices in Shirley, MA are increasing. 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 | $544,000 | 2.1% |
| Single Family | $571,000 | 2.1% |
| Condos | $357,000 | 3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $379,000 | 1.3% |
3 Bed | $537,000 | 2.5% |
4 Bed | $702,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shirley, MA
As of July '25, Rentcast reports the average rent in Shirley, MA is $2,310, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Shirley, MA is 1-bedrooms: $1,550, 2-bedrooms: $2,800, 3-bedrooms: $2,820. The most common rental property sizes in Shirley, MA are 1-bedroom and 3-bedroom, accounting for 61.0% and 16.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $2,310 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,550 |
| 2 Bed Rent | $2,800 | $2,800 |
| 3 Bed Rent | $2,750 | $2,820 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Shirley, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Shirley, MA is 42. This is a decrease of -9.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | 4.0% |
Listing Count | 12 | 21.0% |
| Listings as % of Homes | 0.2% | 21.0% |
Days on Market | 42 | -9.0% |
Demographics — Shirley, MA
As of the latest ACS Survey released in 2023, Shirley, MA has a population of 7,020, which has decreased by -7.6% over the past 5 years. Shirley, MA is a moderately popular place for families, as children make up 15.6% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,020 | -7.6% |
% Under 18 | 15.6% | 15.6% |
% Seniors | 19.3% | 34.0% |
% WFH | 19.5% | 242.1% |
% w/ College Degree | 35.6% | 37.5% |
As of the latest ACS Survey released in 2023, Shirley, MA is a predominantly white area, with 79.3% of the population identifying as white. The white population has grown by 9.2% in the last 5 years. The second most common race or ethnicity in Shirley, MA is hispanic, making up 9.2% of the population. Foreign-born residents account for 7.2% of the population in Shirley, MA, and this percentage has decreased by 14.3% 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 | 79.3% | 9.2% |
% Black | 6.6% | -4.3% |
% Hispanic | 9.2% | -17.9% |
% Asian | 2.5% | -52.8% |
% Foreign Born | 7.2% | -14.3% |
Mortgage and Risk — Shirley, MA
According to HUD data as of 2023, there were 138 mortgage originations in Shirley, MA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Shirley, 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 | 138 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Shirley, MA
Shirley, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $640 | $1,500 | $2,140 |
| 2 Bedroom | -$250 | $2,800 | $2,550 |
| 3 Bedroom | $330 | $2,750 | $3,080 |
| 4 Bedroom | N/A | N/A | $3,390 |
Affordability — Shirley, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $544,000 |
| Median Household Income | $122,000 |