The story of this market
The typical home in ZIP 01440 sells for about $394,450, or $287 per square foot.
Prices are roughly flat from a year ago (+0.7%), a market in balance. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,109 a month.
ZIP 01440 — Gardner
The Gardner housing market remains competitive with a median sale price of $394,450, reflecting steady demand despite a slower pace of sales compared to the previous year. Low inventory levels continue to support pricing, though the market has shifted toward a more balanced state for buyers and sellers. Rising days on market suggest a cooling trend, yet the area remains an attractive option for those seeking affordability within the Worcester market.
This ZIP is well-suited for families and commuters seeking more affordable housing options compared to the Greater Boston core, while still maintaining access to regional employment centers.
Median prices moved up 0.7% year over year.
Homes spend a median of 43 days on market with 1.6 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.0% · poverty 13.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01440, Worcester County, MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The Gardner Public Schools district serves the area, with schools generally receiving moderate performance ratings.
The area is subject to standard New England weather risks, including winter storms and occasional flooding in low-lying areas near local water bodies.
Gardner maintains a steady economic base with local manufacturing and healthcare sectors, supported by its position within the North Central Massachusetts region.
Property taxes are assessed by the City of Gardner based on local mill rates applied to the fair market value of real estate, with exemptions available for qualifying seniors and veterans.
Commuters primarily utilize Route 2 to access employment hubs in the Worcester and Greater Boston areas, with limited public transit options available.
The area features access to local parks, the North Central Pathway for walking and biking, and proximity to several small lakes and ponds for seasonal recreation.
The rental market shows solid demand with a median rent of $1,695 and a limited supply of active listings, indicating a competitive environment for tenants.
The local economy is anchored by manufacturing, healthcare, and retail services, serving as a regional hub for North Central Massachusetts.
The area is served by Route 2, a major east-west highway corridor, with limited regional bus connectivity.
Development activity is focused on residential infill and small-scale commercial improvements within the city center.
The City of Gardner Assessor's office manages property valuations in accordance with Massachusetts state law.
Parcels are subject to municipal property taxes and the Gardner Public Schools district levies.
Property insurance premiums are influenced by regional hazard profiles, including winter storm and wind exposure common to Central Massachusetts.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A multi-use rail trail providing recreational space for walking and cycling.
A local water body used for seasonal recreation and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.