The story of this market
The typical home in ZIP 01504 sells for about $492,000, or $286 per square foot.
Prices are up +1.3% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,189 a month.
ZIP 01504 — Blackstone
The housing market in 01504 shows signs of affordability relative to the broader region, with a median home value of $492,000. While inventory remains tight and demand persists, investors face challenges with cash-flow due to high price-to-rent ratios and tenant-protective state regulations.
This area is suited for those seeking a balance between affordability and proximity to the broader Worcester market, though investors may find cash-flow challenging due to high price-to-rent ratios.
Median prices moved up 1.3% year over year.
Homes spend a median of 35 days on market with 2.4 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 2.6% · poverty 8.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01504, 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 market exhibits a high price-to-rent ratio of 28.3, making cash-flow difficult for investors at current price points.
The local economy is tied to the broader Worcester County industrial and service sectors.
Data sourced from Repit and Zips.us.com; specific ACS table breakdowns not fully populated in source.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.