Methuen, MA 01844 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Methuen, MA—01844

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$602,000

3.3% YoY Growth

Household Income

$103,000

37.9% YoY Growth

Days on Market

27.0% Longer YoY

Home Price Forecast

1.5%

Median Rent

$2,380

1.2% YoY Growth

1-Bed Rent

$2,300

9.1% YoY Growth

2-Bed Rent

$2,500

1.5% YoY Growth

3-Bed Rent

$2,900

8.7% YoY Growth

Home Price Trends — Methuen, MA

As of Dec '25, the median home price in Methuen, MA is $602,000, with a year-over-year change of 3.3%. This indicates that home prices in Methuen, MA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$602,000	3.3%
Single Family	$615,000	3.0%
Condos	$432,000	2.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Methuen, MA

As of July '25, Rentcast reports the average rent in Methuen, MA is $2,510, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Methuen, MA is studios: $2,980, 1-bedrooms: $2,160, 2-bedrooms: $2,550, 3-bedrooms: $3,140, 4-bedrooms: $3,400. The most common rental property sizes in Methuen, MA are 2-bedroom and 1-bedroom, accounting for 38.2% and 27.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,380	$2,510
Studio Rent	$1,450	$2,980
1 Bed Rent	$2,300	$2,160
2 Bed Rent	$2,500	$2,550
3 Bed Rent	$2,900	$3,140
4 Bed Rent	$3,400	$3,400

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% of Rental Stock

Studio

5.8%

1 Bedroom

27.8%

2 Bedrooms

38.2%

3 Bedrooms

21.3%

4 Bedrooms

4.2%

5+ Bedrooms

2.6%

Property Listings — Methuen, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Methuen, MA is 38. This is a increase of 26.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$612,000	1.0%
Listing Count	35	5.0%
Listings as % of Homes	0.2%	5.0%
Days on Market	58	27.0%

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Demographics — Methuen, MA

As of the latest ACS Survey released in 2023, Methuen, MA has a population of 53,000, which has increased by 6.0% over the past 5 years. Methuen, MA is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	53,000	6.0%
% Under 18	21.1%	-1.4%
% Seniors	17.0%	12.6%
% WFH	10.8%	227.3%
% w/ College Degree	30.5%	6.6%

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As of the latest ACS Survey released in 2023, Methuen, MA is a predominantly white area, with 55.5% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Methuen, MA is hispanic, making up 32.8% of the population. Foreign-born residents account for 24.0% of the population in Methuen, MA, and this percentage has increased by 21.8% 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	55.5%	-11.3%
% Black	5.5%	41.0%
% Hispanic	32.8%	13.1%
% Asian	3.7%	-2.6%
% Foreign Born	24.0%	21.8%

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Mortgage and Risk — Methuen, MA

According to HUD data as of 2023, there were 841 mortgage originations in Methuen, MA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Methuen, MA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	841
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Methuen, MA

As of 2024, the percent of homes in Methuen, MA under the Section 8 program is 13.3%. 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. In Methuen, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	799
Total Units Section 8	678
% Rentals under Section 8	13.3%
% Occupied Section 8	98.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$790	$2,300	$1,510
2 Bedroom	-$520	$2,500	$1,980
3 Bedroom	-$510	$2,900	$2,390
4 Bedroom	-$770	$3,400	$2,630

Methuen, MA—01844

Key Metrics at a Glance

Home Price Trends — Methuen, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Methuen, MA

% of Rental Stock

Property Listings — Methuen, MA

Demographics — Methuen, MA

Race and Ethnicity

Mortgage and Risk — Methuen, MA

Mortgages

Rentals and Section 8 — Methuen, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Methuen, MA

Home Price to Income Ratio

Methuen, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lawrence, MA

Lawrence, MA

Lawrence, MA

Salem, NH

Haverhill, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5
Median Home Price	$602,000
Median Household Income	$103,000

Methuen, MA—01844

Key Metrics at a Glance

Home Price Trends — Methuen, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Methuen, MA

% of Rental Stock

Property Listings — Methuen, MA

Demographics — Methuen, MA

Race and Ethnicity

Mortgage and Risk — Methuen, MA

Mortgages

Rentals and Section 8 — Methuen, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Methuen, MA

Home Price to Income Ratio

Methuen, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lawrence, MA

Lawrence, MA

Lawrence, MA

Salem, NH

Haverhill, MA

Frequently Asked Questions

What is the average home price in Methuen, MA 01844?

How have home prices in Methuen, MA 01844 changed over the past year?

What is the home price projection for Methuen, MA 01844?

What are the demographics of Methuen, MA 01844?

How long does it take homes to sell in Methuen, MA 01844?

What is the average rent price in Methuen, MA 01844?