The story of this market
The typical home in ZIP 01527 sells for about $507,165, or $290 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,623 a month.
ZIP 01527 — Millbury
The Millbury housing market remains stable with steady price appreciation and balanced inventory levels. Demand is supported by the town's strategic location near major employment hubs, though buyers face a competitive environment with limited supply. Current trends suggest a resilient market that continues to attract families and commuters.
This ZIP is well-suited for family buyers and commuters who value a balance between suburban living and accessibility to the Worcester employment hub.
Median prices moved up 1.4% year over year.
Homes spend a median of 36 days on market with 2.4 months of supply — a fast-moving market.
6% 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 2.4% · 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 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01527, 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 area is served by Millbury Public Schools, which generally maintain a stable reputation within the Worcester County educational landscape.
The region is subject to standard New England climate risks, including winter storm exposure and localized flood risks in low-lying areas near the Blackstone River.
Millbury benefits from its proximity to the Worcester employment core and major transit corridors like Route 146 and the Mass Pike, supporting steady residential demand.
Property taxes are assessed at the town level by the Millbury Board of Assessors based on fair market value, with rates set annually to meet municipal budget requirements.
Residents have convenient access to major regional arteries including Routes 146 and 20, providing direct transit routes toward Worcester and the broader Greater Boston employment market.
The area features access to the Blackstone River and various local parks, with proximity to major shopping and dining districts along the Worcester-Providence Turnpike.
The rental market reflects the broader Worcester County trend of sustained demand and modest price growth, with limited vacancy pressure.
The local economy is anchored by its position within the Worcester metropolitan area, with a mix of retail, manufacturing, and service-sector employment.
The area is served by a network of state highways including Route 146 and the Massachusetts Turnpike, facilitating regional connectivity.
Development activity is focused on maintaining residential inventory levels to meet steady demand from the Greater Worcester area.
Parcels are subject to Millbury municipal tax levies and the regional school district assessment.
Property insurance premiums are influenced by regional hazard profiles, including winter storm and flood exposure common to Central Massachusetts.
Data retrieved from US Census Bureau ZCTA 01527 profiles.
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.
Provides recreational opportunities including kayaking and fishing.
Major regional retail and dining destination serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.