The story of this market
The typical home in ZIP 01501 sells for about $477,000, or $301 per square foot.
Prices are up +1.3% from a year ago, so sellers still have some momentum. Homes take about 28.1 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,467 a month.
ZIP 01501 — Auburn
The Auburn housing market remains stable with a median price of $477,000, supported by consistent demand from commuters and families. While inventory levels have seen a slight increase, the market maintains a balanced pace with a 2.4-month supply. Growth is driven by the area's strategic location near Worcester and its relative affordability compared to eastern Massachusetts.
This ZIP is well-suited for family buyers and commuters seeking a suburban lifestyle with easy access to Worcester's job market and regional infrastructure.
Median prices moved up 1.3% year over year.
Homes spend a median of 28 days on market with 2.4 months of supply — a fast-moving market.
0% 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 3.6% · poverty 5.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01501, 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.
Auburn public schools are generally well-regarded, with the district maintaining a stable reputation within the central Massachusetts region.
The area faces standard New England climate risks, including winter storm exposure and localized flood risks in low-lying areas near water bodies.
Auburn benefits from its proximity to the Worcester employment core and major highway intersections, supporting steady demand for residential housing.
Property taxes are assessed by the Town of Auburn based on local mill rates applied to the fair market value of real estate, with standard exemptions available for seniors and veterans.
Auburn offers a convenient commute to Worcester via I-290 and I-90, making it a popular choice for those working in the regional employment hub.
Residents have access to local parks such as Pakachoag Park and various shopping centers along the Route 20 corridor, with proximity to larger regional amenities in Worcester.
The rental market shows sustained demand with moderate growth, though investors should account for Massachusetts' tenant-protective regulatory environment.
The local economy is anchored by retail, healthcare, and proximity to the diverse industrial and educational sectors of the greater Worcester metro area.
The area is served by major highway corridors including I-90 (Mass Pike) and I-290, facilitating regional transit.
Development is focused on maintaining suburban residential character while supporting commercial growth along major transit arteries.
The Worcester County assessment regime follows standard Massachusetts municipal property tax procedures.
Parcels are subject to Auburn municipal taxes and regional school district levies.
Property insurance premiums are influenced by regional hazard profiles, including winter storm and fire risks common to central Massachusetts.
Massachusetts is a judicial foreclosure state, requiring court oversight for the foreclosure process.
Massachusetts requires sellers to provide a property disclosure statement regarding the condition of the home.
Data retrieved from data.census.gov for ZCTA 01501.
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 local green space offering trails and recreational areas for residents.
A regional retail hub providing various shopping and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.