Upton, MA—01568
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Upton, MA
As of Oct '25, the median home price in Upton, MA is $708,000, with a year-over-year change of 2.4%. This indicates that home prices in Upton, MA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $708,000 | 2.4% |
| Single Family | $720,000 | 2.7% |
| Condos | $644,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $607,000 | 4.5% |
3 Bed | $634,000 | 3.1% |
4 Bed | $841,000 | 2.7% |
| 5 Bed | $920,000 | 1.8% |
% of Housing Stock
Rental Trends — Upton, MA
As of July '25, Rentcast reports the average rent in Upton, MA is $2,290, with a year-over-year rent change of 19.9%. Per bedroom, the median rent as of July '25 in Upton, MA is 1-bedrooms: $2,040, 3-bedrooms: $2,800. The most common rental property sizes in Upton, MA are 1-bedroom and 2-bedroom, accounting for 43.1% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,080 | $2,290 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,040 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,800 | $2,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Upton, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Upton, MA is 53. This is a increase of 35.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $825,000 | 5.0% |
Listing Count | 21 | 53.0% |
| Listings as % of Homes | 0.7% | 53.0% |
Days on Market | 53 | 35.0% |
Demographics — Upton, MA
As of the latest ACS Survey released in 2023, Upton, MA has a population of 7,930, which has increased by 2.1% over the past 5 years. Upton, MA is a moderately popular place for families, as children make up 23.3% of the population. The area has a highly educated workforce, with 52.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,930 | 2.1% |
% Under 18 | 23.3% | -11.7% |
% Seniors | 19.0% | 52.0% |
% WFH | 21.4% | 234.4% |
% w/ College Degree | 52.9% | -7.7% |
As of the latest ACS Survey released in 2023, Upton, MA is a predominantly white area, with 88.7% of the population identifying as white. The white population has grown by 9.1% in the last 5 years. The second most common race or ethnicity in Upton, MA is hispanic, making up 5.6% of the population. Foreign-born residents account for 7.1% of the population in Upton, MA, and this percentage has increased by 10.9% 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 | 88.7% | 9.1% |
% Black | 1.2% | -81.0% |
% Hispanic | 5.6% | 24.4% |
% Asian | 2.8% | -12.5% |
% Foreign Born | 7.1% | 10.9% |
Mortgage and Risk — Upton, MA
According to HUD data as of 2023, there were 179 mortgage originations in Upton, MA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Upton, MA. Investor activity is low, as 1.0% 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 | 179 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Upton, MA
Upton, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 94 |
Total Units Section 8 | 94 |
% Rentals under Section 8 | 32.3% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$700 | $2,000 | $1,300 |
| 2 Bedroom | N/A | N/A | $1,710 |
| 3 Bedroom | -$400 | $2,800 | $2,400 |
| 4 Bedroom | N/A | N/A | $2,670 |
Affordability — Upton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $708,000 |
| Median Household Income | $161,000 |