Charlton, MA 01507 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Charlton, MA—01507

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$515,000

2.7% YoY Growth

Household Income

$120,000

22.5% YoY Growth

Days on Market

20.0% Longer YoY

Home Price Forecast

3.0%

Median Rent

$1,650

10.5% YoY Growth

1-Bed Rent

$1,400

28.8% YoY Growth

2-Bed Rent

$1,700

0.6% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Charlton, MA

As of Dec '25, the median home price in Charlton, MA is $515,000, with a year-over-year change of 2.7%. This indicates that home prices in Charlton, MA are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$515,000	2.7%
Single Family	$520,000	2.6%
Condos	$296,000	4.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Charlton, MA

As of July '25, Rentcast reports the average rent in Charlton, MA is $1,680, with a year-over-year rent change of 10.5%. Per bedroom, the median rent as of July '25 in Charlton, MA is 1-bedrooms: $1,610, 2-bedrooms: $1,790. The most common rental property sizes in Charlton, MA are 1-bedroom and 2-bedroom, accounting for 45.5% and 36.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,680
Studio Rent	N/A	N/A
1 Bed Rent	$1,400	$1,610
2 Bed Rent	$1,700	$1,790
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

45.5%

2 Bedrooms

36.5%

3 Bedrooms

15.8%

4 Bedrooms

2.1%

Property Listings — Charlton, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Charlton, MA is 60. This is a decrease of -3.0% 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 53.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$566,000	-1.0%
Listing Count	22	-6.0%
Listings as % of Homes	0.5%	-6.0%
Days on Market	86	20.0%

Loading chart...

Demographics — Charlton, MA

As of the latest ACS Survey released in 2023, Charlton, MA has a population of 13,400, which has remained stable by -0.9% over the past 5 years. Charlton, MA is a moderately popular place for families, as children make up 24.5% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,400	-0.9%
% Under 18	24.5%	8.9%
% Seniors	17.3%	34.1%
% WFH	11.2%	93.1%
% w/ College Degree	37.7%	1.1%

Loading chart...

As of the latest ACS Survey released in 2023, Charlton, MA is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Charlton, MA is hispanic, making up 4.2% of the population. Foreign-born residents account for 2.9% of the population in Charlton, MA, and this percentage has decreased by 23.7% 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	92.0%	-1.0%
% Black	0.4%	-42.9%
% Hispanic	4.2%	0.0%
% Asian	0.5%	-16.7%
% Foreign Born	2.9%	-23.7%

Loading chart...

Mortgage and Risk — Charlton, MA

According to HUD data as of 2023, there were 287 mortgage originations in Charlton, MA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Charlton, MA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	287
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

Loading chart...

Rentals and Section 8 — Charlton, MA

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

Section 8 Market Size

Total Units under HUD	13
Total Units Section 8	13
% Rentals under Section 8	1.5%
% Occupied Section 8	93.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$110	$1,400	$1,290
2 Bedroom	-$40	$1,700	$1,660
3 Bedroom	N/A	N/A	$2,030
4 Bedroom	N/A	N/A	$2,230

Charlton, MA—01507

Key Metrics at a Glance

Home Price Trends — Charlton, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Charlton, MA

% of Rental Stock

Property Listings — Charlton, MA

Demographics — Charlton, MA

Race and Ethnicity

Mortgage and Risk — Charlton, MA

Mortgages

Rentals and Section 8 — Charlton, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Charlton, MA

Home Price to Income Ratio

Charlton, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Oxford, MA

Dudley, MA

Leicester, MA

Southbridge, MA

East Brookfield, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$515,000
Median Household Income	$120,000

Charlton, MA—01507

Key Metrics at a Glance

Home Price Trends — Charlton, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Charlton, MA

% of Rental Stock

Property Listings — Charlton, MA

Demographics — Charlton, MA

Race and Ethnicity

Mortgage and Risk — Charlton, MA

Mortgages

Rentals and Section 8 — Charlton, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Charlton, MA

Home Price to Income Ratio

Charlton, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Oxford, MA

Dudley, MA

Leicester, MA

Southbridge, MA

East Brookfield, MA

Frequently Asked Questions

What is the average home price in Charlton, MA 01507?

How have home prices in Charlton, MA 01507 changed over the past year?

What is the home price projection for Charlton, MA 01507?

What are the demographics of Charlton, MA 01507?

How long does it take homes to sell in Charlton, MA 01507?

What is the average rent price in Charlton, MA 01507?