Westminster, MA 01473 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Westminster, MA—01473

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$519,000

1.3% YoY Growth

Household Income

$101,000

2.5% YoY Growth

Days on Market

84.0% Longer YoY

Home Price Forecast

3.1%

Median Rent

$2,200

11.7% YoY Growth

1-Bed Rent

$1,350

N/A

2-Bed Rent

$2,000

17.4% YoY Growth

3-Bed Rent

$2,400

1.3% YoY Growth

Home Price Trends — Westminster, MA

As of Dec '25, the median home price in Westminster, MA is $519,000, with a year-over-year change of 1.3%. This indicates that home prices in Westminster, MA are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$519,000	1.3%
Single Family	$526,000	1.0%
Condos	$302,000	4.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Westminster, MA

As of July '25, Rentcast reports the average rent in Westminster, MA is $2,120, with a year-over-year rent change of -11.7%. Per bedroom, the median rent as of July '25 in Westminster, MA is 1-bedrooms: $1,780, 2-bedrooms: $2,000, 3-bedrooms: $2,380. The most common rental property sizes in Westminster, MA are 3-bedroom and 1-bedroom, accounting for 47.7% and 35.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,200	$2,120
Studio Rent	N/A	N/A
1 Bed Rent	$1,350	$1,780
2 Bed Rent	$2,000	$2,000
3 Bed Rent	$2,400	$2,380
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

35.7%

2 Bedrooms

16.6%

3 Bedrooms

47.7%

Property Listings — Westminster, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Westminster, MA is 62. This is a increase of 61.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$676,000	-11.0%
Listing Count	16	18.0%
Listings as % of Homes	0.5%	18.0%
Days on Market	83	84.0%

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Demographics — Westminster, MA

As of the latest ACS Survey released in 2023, Westminster, MA has a population of 8,290, which has increased by 8.1% over the past 5 years. Westminster, MA is a moderately popular place for families, as children make up 21.6% of the population. The area has a moderately educated workforce, with 41.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,290	8.1%
% Under 18	21.6%	-0.5%
% Seniors	24.2%	42.4%
% WFH	12.8%	190.9%
% w/ College Degree	41.1%	2.0%

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As of the latest ACS Survey released in 2023, Westminster, MA is a predominantly white area, with 95.8% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Westminster, MA is hispanic, making up 2.2% of the population. Foreign-born residents account for 1.4% of the population in Westminster, MA, and this percentage has decreased by 51.7% 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	95.8%	0.0%
% Black	0.0%	-100.0%
% Hispanic	2.2%	-35.3%
% Asian	0.6%	100.0%
% Foreign Born	1.4%	-51.7%

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Mortgage and Risk — Westminster, MA

According to HUD data as of 2023, there were 195 mortgage originations in Westminster, MA, of which 89.0% 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 Westminster, MA. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	195
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Westminster, MA

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

Section 8 Market Size

Total Units under HUD	4
Total Units Section 8	4
% Rentals under Section 8	1.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$430	$1,350	$1,780
2 Bedroom	$220	$2,000	$2,220
3 Bedroom	$490	$2,400	$2,890
4 Bedroom	N/A	N/A	$3,310

Westminster, MA—01473

Key Metrics at a Glance

Home Price Trends — Westminster, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westminster, MA

% of Rental Stock

Property Listings — Westminster, MA

Demographics — Westminster, MA

Race and Ethnicity

Mortgage and Risk — Westminster, MA

Mortgages

Rentals and Section 8 — Westminster, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Westminster, MA

Home Price to Income Ratio

Westminster, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Gardner, MA

Fitchburg, MA

Princeton, MA

Ashburnham, MA

Hubbardston, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$519,000
Median Household Income	$101,000

Westminster, MA—01473

Key Metrics at a Glance

Home Price Trends — Westminster, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westminster, MA

% of Rental Stock

Property Listings — Westminster, MA

Demographics — Westminster, MA

Race and Ethnicity

Mortgage and Risk — Westminster, MA

Mortgages

Rentals and Section 8 — Westminster, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Westminster, MA

Home Price to Income Ratio

Westminster, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Gardner, MA

Fitchburg, MA

Princeton, MA

Ashburnham, MA

Hubbardston, MA

Frequently Asked Questions

What is the average home price in Westminster, MA 01473?

How have home prices in Westminster, MA 01473 changed over the past year?

What is the home price projection for Westminster, MA 01473?

What are the demographics of Westminster, MA 01473?

How long does it take homes to sell in Westminster, MA 01473?

What is the average rent price in Westminster, MA 01473?