Northbridge, MA 01534 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Northbridge, MA—01534

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$510,000

2.9% YoY Growth

Household Income

$135,000

46.0% YoY Growth

Days on Market

124.0% Longer YoY

Home Price Forecast

2.9%

Median Rent

$2,000

13.2% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$2,000

N/A

3-Bed Rent

N/A

Other Zip Codes in Northbridge, MA

01588

Home Price Trends — Northbridge, MA

As of Dec '25, the median home price in Northbridge, MA is $510,000, with a year-over-year change of 2.9%. This indicates that home prices in Northbridge, 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	$510,000	2.9%
Single Family	$538,000	2.9%
Condos	$340,000	4.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Northbridge, MA

As of July '25, Rentcast reports the average rent in Northbridge, MA is $2,170, with a year-over-year rent change of -13.2%. Per bedroom, the median rent as of July '25 in Northbridge, MA is 2-bedrooms: $2,000, 4-bedrooms: $2,500. The most common rental property sizes in Northbridge, MA are 2-bedroom and 3-bedroom, accounting for 57.0% and 25.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,170
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$2,000	$2,000
3 Bed Rent	N/A	N/A
4 Bed Rent	$2,500	$2,500

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% of Rental Stock

Studio

1.2%

1 Bedroom

16.2%

2 Bedrooms

57.0%

3 Bedrooms

25.6%

Property Listings — Northbridge, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Northbridge, MA is 38. This is a increase of 210.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$844,000	15.0%
Listing Count	10	147.0%
Listings as % of Homes	0.2%	147.0%
Days on Market	49	124.0%

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Demographics — Northbridge, MA

As of the latest ACS Survey released in 2023, Northbridge, MA has a population of 6,100, which has decreased by -3.4% over the past 5 years. Northbridge, MA is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 40.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,100	-3.4%
% Under 18	21.5%	5.4%
% Seniors	19.2%	23.1%
% WFH	18.2%	208.5%
% w/ College Degree	40.6%	0.0%

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As of the latest ACS Survey released in 2023, Northbridge, MA is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Northbridge, MA is hispanic, making up 6.6% of the population. Foreign-born residents account for 4.8% of the population in Northbridge, MA, and this percentage has increased by 6.7% 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	86.4%	-5.5%
% Black	3.8%	442.9%
% Hispanic	6.6%	3.1%
% Asian	2.0%	53.8%
% Foreign Born	4.8%	6.7%

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Mortgage and Risk — Northbridge, MA

According to HUD data as of 2023, there were 51 mortgage originations in Northbridge, MA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Northbridge, MA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	51
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Northbridge, MA

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

Section 8 Market Size

Total Units under HUD	105
Total Units Section 8	105
% Rentals under Section 8	22.0%
% Occupied Section 8	96.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,300
2 Bedroom	-$290	$2,000	$1,710
3 Bedroom	N/A	N/A	$2,400
4 Bedroom	$150	$2,500	$2,650

Northbridge, MA—01534

Key Metrics at a Glance

Other Zip Codes in Northbridge, MA

Home Price Trends — Northbridge, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Northbridge, MA

% of Rental Stock

Property Listings — Northbridge, MA

Demographics — Northbridge, MA

Race and Ethnicity

Mortgage and Risk — Northbridge, MA

Mortgages

Rentals and Section 8 — Northbridge, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Northbridge, MA

Home Price to Income Ratio

Northbridge, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Northbridge, MA

Grafton, MA

Upton, MA

Grafton, MA

Uxbridge, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$510,000
Median Household Income	$135,000

Northbridge, MA—01534

Key Metrics at a Glance

Other Zip Codes in Northbridge, MA

Home Price Trends — Northbridge, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Northbridge, MA

% of Rental Stock

Property Listings — Northbridge, MA

Demographics — Northbridge, MA

Race and Ethnicity

Mortgage and Risk — Northbridge, MA

Mortgages

Rentals and Section 8 — Northbridge, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Northbridge, MA

Home Price to Income Ratio

Northbridge, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Northbridge, MA

Grafton, MA

Upton, MA

Grafton, MA

Uxbridge, MA

Frequently Asked Questions

What is the average home price in Northbridge, MA 01534?

How have home prices in Northbridge, MA 01534 changed over the past year?

What is the home price projection for Northbridge, MA 01534?

What are the demographics of Northbridge, MA 01534?

How long does it take homes to sell in Northbridge, MA 01534?

What is the average rent price in Northbridge, MA 01534?