Sterling, MA 01564 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sterling, MA—01564

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$571,000

1.2% YoY Growth

Household Income

$136,000

26.7% YoY Growth

Days on Market

3.0% Longer YoY

Home Price Forecast

2.9%

Median Rent

$2,700

15.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$2,400

13.5% YoY Growth

3-Bed Rent

$2,700

31.6% YoY Growth

Home Price Trends — Sterling, MA

As of Dec '25, the median home price in Sterling, MA is $571,000, with a year-over-year change of 1.2%. This indicates that home prices in Sterling, 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	$571,000	1.2%
Single Family	$588,000	1.2%
Condos	$447,000	4.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Sterling, MA

As of July '25, Rentcast reports the average rent in Sterling, MA is $2,870, with a year-over-year rent change of 15.3%. Per bedroom, the median rent as of July '25 in Sterling, MA is 2-bedrooms: $2,950, 3-bedrooms: $2,700. The most common rental property sizes in Sterling, MA are 2-bedroom and 1-bedroom, accounting for 48.9% and 20.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,700	$2,870
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$2,400	$2,950
3 Bed Rent	$2,700	$2,700
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

10.0%

1 Bedroom

20.4%

2 Bedrooms

48.9%

3 Bedrooms

7.7%

4 Bedrooms

13.0%

Property Listings — Sterling, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Sterling, MA is 43. This is a decrease of -7.0% 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	$660,000	-35.0%
Listing Count	12	34.0%
Listings as % of Homes	0.4%	34.0%
Days on Market	42	3.0%

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Demographics — Sterling, MA

As of the latest ACS Survey released in 2023, Sterling, MA has a population of 8,110, which has remained stable by 0.7% over the past 5 years. Sterling, MA is a moderately popular place for families, as children make up 20.1% of the population. The area has a highly educated workforce, with 53.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,110	0.7%
% Under 18	20.1%	-10.3%
% Seniors	21.9%	25.9%
% WFH	15.3%	112.5%
% w/ College Degree	53.5%	9.4%

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As of the latest ACS Survey released in 2023, Sterling, MA is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Sterling, MA is hispanic, making up 5.9% of the population. Foreign-born residents account for 6.9% of the population in Sterling, MA, and this percentage has increased by 81.6% 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	89.6%	-3.7%
% Black	0.9%	80.0%
% Hispanic	5.9%	28.3%
% Asian	0.2%	0.0%
% Foreign Born	6.9%	81.6%

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Mortgage and Risk — Sterling, MA

According to HUD data as of 2023, there were 164 mortgage originations in Sterling, MA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Sterling, MA. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	164
% Conventional Loans	93.0%
% Government Loans	7.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Sterling, MA

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

Section 8 Market Size

Total Units under HUD	6
Total Units Section 8	6
% Rentals under Section 8	2.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,470
2 Bedroom	-$500	$2,400	$1,900
3 Bedroom	-$380	$2,700	$2,320
4 Bedroom	N/A	N/A	$2,560

Sterling, MA—01564

Key Metrics at a Glance

Home Price Trends — Sterling, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sterling, MA

% of Rental Stock

Property Listings — Sterling, MA

Demographics — Sterling, MA

Race and Ethnicity

Mortgage and Risk — Sterling, MA

Mortgages

Rentals and Section 8 — Sterling, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Sterling, MA

Home Price to Income Ratio

Sterling, MA — ZIP Code Boundary Map

Nearby ZIP Codes

West Boylston, MA

Leominster, MA

Clinton, MA

Boylston, MA

Lancaster, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$571,000
Median Household Income	$136,000

Sterling, MA—01564

Key Metrics at a Glance

Home Price Trends — Sterling, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sterling, MA

% of Rental Stock

Property Listings — Sterling, MA

Demographics — Sterling, MA

Race and Ethnicity

Mortgage and Risk — Sterling, MA

Mortgages

Rentals and Section 8 — Sterling, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Sterling, MA

Home Price to Income Ratio

Sterling, MA — ZIP Code Boundary Map

Nearby ZIP Codes

West Boylston, MA

Leominster, MA

Clinton, MA

Boylston, MA

Lancaster, MA

Frequently Asked Questions

What is the average home price in Sterling, MA 01564?

How have home prices in Sterling, MA 01564 changed over the past year?

What is the home price projection for Sterling, MA 01564?

What are the demographics of Sterling, MA 01564?

How long does it take homes to sell in Sterling, MA 01564?

What is the average rent price in Sterling, MA 01564?