Concord, MA 01742 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Concord, MA—01742

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,401,000

2.9% YoY Growth

Household Income

$211,000

49.9% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$3,230

7.7% YoY Growth

1-Bed Rent

$2,860

3.4% YoY Growth

2-Bed Rent

$3,420

2.8% YoY Growth

3-Bed Rent

$4,420

1.3% YoY Growth

Home Price Trends — Concord, MA

As of Dec '25, the median home price in Concord, MA is $1,401,000, with a year-over-year change of 2.9%. This indicates that home prices in Concord, MA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,401,000	2.9%
Single Family	$1,517,000	3.1%
Condos	$741,000	2.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Concord, MA

As of July '25, Rentcast reports the average rent in Concord, MA is $3,580, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Concord, MA is 1-bedrooms: $2,840, 2-bedrooms: $3,430, 3-bedrooms: $4,660, 4-bedrooms: $5,650. The most common rental property sizes in Concord, MA are 2-bedroom and 1-bedroom, accounting for 55.8% and 24.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,230	$3,580
Studio Rent	N/A	N/A
1 Bed Rent	$2,860	$2,840
2 Bed Rent	$3,420	$3,430
3 Bed Rent	$4,420	$4,660
4 Bed Rent	$6,200	$5,650

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% of Rental Stock

Studio

0.9%

1 Bedroom

24.6%

2 Bedrooms

55.8%

3 Bedrooms

12.0%

4 Bedrooms

4.6%

5+ Bedrooms

2.0%

Property Listings — Concord, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Concord, MA is 65. This is a increase of 18.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$2,500,000	-13.0%
Listing Count	39	61.0%
Listings as % of Homes	0.3%	61.0%
Days on Market	82	-2.0%

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Demographics — Concord, MA

As of the latest ACS Survey released in 2023, Concord, MA has a population of 18,300, which has decreased by -5.2% over the past 5 years. Concord, MA is a popular place for families, as children make up 26.8% of the population. The area has a highly educated workforce, with 79.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,300	-5.2%
% Under 18	26.8%	14.0%
% Seniors	20.6%	5.1%
% WFH	34.9%	154.7%
% w/ College Degree	79.1%	10.8%

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As of the latest ACS Survey released in 2023, Concord, MA is a predominantly white area, with 81.2% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Concord, MA is hispanic, making up 5.0% of the population. Foreign-born residents account for 10.5% of the population in Concord, MA, and this percentage has decreased by 4.5% 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	81.2%	2.3%
% Black	2.4%	-40.0%
% Hispanic	5.0%	-29.6%
% Asian	4.9%	-30.0%
% Foreign Born	10.5%	-4.5%

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Mortgage and Risk — Concord, MA

According to HUD data as of 2023, there were 321 mortgage originations in Concord, MA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Concord, MA. Investor activity is low, as 1.0% 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	321
% Conventional Loans	98.0%
% Government Loans	2.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Concord, MA

As of 2024, the percent of homes in Concord, MA under the Section 8 program is 6.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Concord, MA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	92
Total Units Section 8	84
% Rentals under Section 8	6.5%
% Occupied Section 8	97.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$80	$2,860	$2,940
2 Bedroom	$60	$3,420	$3,480
3 Bedroom	-$230	$4,420	$4,190
4 Bedroom	-$1,590	$6,200	$4,610

Concord, MA—01742

Key Metrics at a Glance

Home Price Trends — Concord, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Concord, MA

% of Rental Stock

Property Listings — Concord, MA

Demographics — Concord, MA

Race and Ethnicity

Mortgage and Risk — Concord, MA

Mortgages

Rentals and Section 8 — Concord, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Concord, MA

Home Price to Income Ratio

Concord, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lincoln, MA

Carlisle, MA

Acton, MA

Bedford, MA

Acton, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.6
Median Home Price	$1,401,000
Median Household Income	$211,000

Concord, MA—01742

Key Metrics at a Glance

Home Price Trends — Concord, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Concord, MA

% of Rental Stock

Property Listings — Concord, MA

Demographics — Concord, MA

Race and Ethnicity

Mortgage and Risk — Concord, MA

Mortgages

Rentals and Section 8 — Concord, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Concord, MA

Home Price to Income Ratio

Concord, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lincoln, MA

Carlisle, MA

Acton, MA

Bedford, MA

Acton, MA

Frequently Asked Questions

What is the average home price in Concord, MA 01742?

How have home prices in Concord, MA 01742 changed over the past year?

What is the home price projection for Concord, MA 01742?

What are the demographics of Concord, MA 01742?

How long does it take homes to sell in Concord, MA 01742?

What is the average rent price in Concord, MA 01742?