Berlin, MA 01503 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Berlin, MA—01503

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$648,000

3.4% YoY Growth

Household Income

$122,000

17.6% YoY Growth

Days on Market

1.0% Longer YoY

Home Price Forecast

2.7%

Median Rent

$2,920

10.7% YoY Growth

1-Bed Rent

$2,630

3.5% YoY Growth

2-Bed Rent

$2,960

10.7% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Berlin, MA

As of Dec '25, the median home price in Berlin, MA is $648,000, with a year-over-year change of 3.4%. This indicates that home prices in Berlin, MA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$648,000	3.4%
Single Family	$684,000	2.9%
Condos	$582,000	6.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Berlin, MA

As of July '25, Rentcast reports the average rent in Berlin, MA is $2,830, with a year-over-year rent change of -10.7%. Per bedroom, the median rent as of July '25 in Berlin, MA is studios: $2,530, 1-bedrooms: $2,780, 2-bedrooms: $3,020. The most common rental property sizes in Berlin, MA are 1-bedroom and 2-bedroom, accounting for 60.6% and 33.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,920	$2,830
Studio Rent	$2,520	$2,530
1 Bed Rent	$2,630	$2,780
2 Bed Rent	$2,960	$3,020
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

60.6%

2 Bedrooms

33.9%

3 Bedrooms

5.5%

Property Listings — Berlin, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Berlin, MA is 47. 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,200,000	19.0%
Listing Count	5	-7.0%
Listings as % of Homes	0.6%	-7.0%
Days on Market	57	1.0%

Loading chart...

Demographics — Berlin, MA

As of the latest ACS Survey released in 2023, Berlin, MA has a population of 3,310, which has increased by 5.3% over the past 5 years. Berlin, MA is a less popular place for families, as children make up 12.5% of the population. The area has a highly educated workforce, with 54.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,310	5.3%
% Under 18	12.5%	-38.4%
% Seniors	30.4%	44.8%
% WFH	31.0%	620.9%
% w/ College Degree	54.4%	16.2%

Loading chart...

As of the latest ACS Survey released in 2023, Berlin, MA is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Berlin, MA is hispanic, making up 2.9% of the population. Foreign-born residents account for 6.9% of the population in Berlin, MA, and this percentage has increased by 13.1% 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	90.0%	-6.6%
% Black	1.9%	280.0%
% Hispanic	2.9%	314.3%
% Asian	2.2%	29.4%
% Foreign Born	6.9%	13.1%

Loading chart...

Mortgage and Risk — Berlin, MA

According to HUD data as of 2023, there were 69 mortgage originations in Berlin, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Berlin, 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	69
% Conventional Loans	96.0%
% Government Loans	4.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

Loading chart...

Rentals and Section 8 — Berlin, MA

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

Section 8 Market Size

Total Units under HUD	75
Total Units Section 8	36
% Rentals under Section 8	12.3%
% Occupied Section 8	93.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$490	$2,630	$2,140
2 Bedroom	-$410	$2,960	$2,550
3 Bedroom	N/A	N/A	$3,080
4 Bedroom	N/A	N/A	$3,390

Berlin, MA—01503

Key Metrics at a Glance

Home Price Trends — Berlin, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Berlin, MA

% of Rental Stock

Property Listings — Berlin, MA

Demographics — Berlin, MA

Race and Ethnicity

Mortgage and Risk — Berlin, MA

Mortgages

Rentals and Section 8 — Berlin, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Berlin, MA

Home Price to Income Ratio

Berlin, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Bolton, MA

Clinton, MA

Northborough, MA

Hudson, MA

Boylston, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$648,000
Median Household Income	$122,000

Berlin, MA—01503

Key Metrics at a Glance

Home Price Trends — Berlin, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Berlin, MA

% of Rental Stock

Property Listings — Berlin, MA

Demographics — Berlin, MA

Race and Ethnicity

Mortgage and Risk — Berlin, MA

Mortgages

Rentals and Section 8 — Berlin, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Berlin, MA

Home Price to Income Ratio

Berlin, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Bolton, MA

Clinton, MA

Northborough, MA

Hudson, MA

Boylston, MA

Frequently Asked Questions

What is the average home price in Berlin, MA 01503?

How have home prices in Berlin, MA 01503 changed over the past year?

What is the home price projection for Berlin, MA 01503?

What are the demographics of Berlin, MA 01503?

How long does it take homes to sell in Berlin, MA 01503?

What is the average rent price in Berlin, MA 01503?