Warren, MA—01585
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warren, MA
As of Oct '25, the median home price in Warren, MA is $406,000, with a year-over-year change of -0.7%. This indicates that home prices in Warren, MA are flat. 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 | $406,000 | -0.7% |
| Single Family | $409,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $347,000 | -2.8% |
3 Bed | $431,000 | -0.5% |
4 Bed | $499,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Warren, MA
As of July '25, Rentcast reports the average rent in Warren, MA is $1,750, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Warren, MA is 2-bedrooms: $1,750. The most common rental property sizes in Warren, MA are 2-bedroom and 1-bedroom, accounting for 44.2% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,750 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Warren, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Warren, MA is 71. This is a increase of 157.0% 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 62.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $494,000 | 11.0% |
Listing Count | 16 | 100.0% |
| Listings as % of Homes | 0.2% | 100.0% |
Days on Market | 71 | 157.0% |
Demographics — Warren, MA
As of the latest ACS Survey released in 2023, Warren, MA has a population of 4,940, which has increased by 8.0% over the past 5 years. Warren, MA is a moderately popular place for families, as children make up 16.0% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,940 | 8.0% |
% Under 18 | 16.0% | -5.3% |
% Seniors | 30.6% | 40.4% |
% WFH | 16.8% | 522.2% |
% w/ College Degree | 28.5% | -6.9% |
As of the latest ACS Survey released in 2023, Warren, MA is a predominantly white area, with 91.8% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Warren, MA is hispanic, making up 6.7% of the population. Foreign-born residents account for 4.0% of the population in Warren, MA, and this percentage has increased by 81.8% 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 | 91.8% | -4.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.7% | 509.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 4.0% | 81.8% |
Mortgage and Risk — Warren, MA
According to HUD data as of 2023, there were 77 mortgage originations in Warren, MA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Warren, MA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 77 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Warren, MA
Warren, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,170 |
| 2 Bedroom | $100 | $1,400 | $1,500 |
| 3 Bedroom | N/A | N/A | $1,810 |
| 4 Bedroom | N/A | N/A | $2,090 |
Affordability — Warren, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $406,000 |
| Median Household Income | $70,800 |