The story of this market
The typical home in ZIP 01503 sells for about $500,000, or $301 per square foot.
Prices are up +4.68% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $2,420 a month.
ZIP 01503 — Berlin
The housing market in ZIP 01503 remains competitive with low inventory and steady price appreciation. Demand is driven by buyers seeking suburban living with access to regional employment hubs, resulting in a high sale-to-list ratio.
This ZIP is well-suited for families and professionals seeking a suburban lifestyle with access to both Worcester and Boston, offering a balance of rural character and regional connectivity.
Median prices moved up 4.7% year over year.
Homes spend a median of 52 days on market with 0.9 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 102.45% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 5.0% — 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 4.9%/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 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01503, 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.
Not determinable at the ZIP level; regional crime trends in Worcester County generally align with state averages for suburban areas.
Schools serving the area are part of the Berlin-Boylston Regional School District, which is generally characterized by high performance and strong community support.
The area faces standard New England climate risks, including winter storm exposure and localized flood risks in low-lying areas near water bodies.
Economic momentum is driven by proximity to the Worcester biotech corridor and regional infrastructure improvements along the I-495 and I-290 corridors.
Property taxes are assessed at the municipal level based on local mill rates; Massachusetts law limits annual levy increases to 2.5% plus new growth under Proposition 2 1/2.
Residents primarily commute by car toward Worcester or the Greater Boston employment hubs via I-290 and I-495.
The area features access to local conservation land, hiking trails, and proximity to regional golf courses and shopping centers in nearby towns.
The rental market is characterized by low vacancy rates and sustained demand, with limited inventory of multi-family housing.
The local economy is anchored by the broader Worcester County biotech, healthcare, and education sectors.
The area is served by major highway corridors including I-290 and I-495, facilitating regional transit.
Development is focused on residential expansion and infrastructure maintenance within the town's master plan.
The county utilizes a centralized assessment process to ensure equitable property valuation across municipalities.
Parcels are subject to local municipal taxes and regional school district assessments.
Property insurance premiums are influenced by regional hazard exposure, including winter storm and wind risks.
Massachusetts is a judicial foreclosure state requiring court oversight for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding the condition of the home.
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.
Extensive trail network for hiking and nature observation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.