The story of this market
The typical home in ZIP 01532 sells for about $534,209, or $271 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,919 a month.
ZIP 01532 — Northborough
The Northborough housing market remains highly competitive with low inventory and steady price appreciation. Strong demand is driven by the area's high median household income and top-rated school district, keeping days on market low despite broader regional economic shifts.
This ZIP is well-suited for family buyers and professionals seeking a high-income suburban environment with strong school systems and convenient access to major regional employment corridors.
Median prices moved up 3.2% year over year.
Homes spend a median of 22 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 3.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01532, Northborough, Massachusetts
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 the Northborough-Southborough Regional School District, which is generally characterized by high-performing schools and strong academic ratings.
The area benefits from its proximity to the I-495 and I-290 corridors, providing access to major employment hubs in the MetroWest and Worcester regions.
Property taxes are assessed at the municipal level by the Town of Northborough; rates are determined annually based on the town's budget requirements and property valuations.
Residents typically commute via I-290 or I-495 to reach major employment centers in Worcester, Framingham, and the greater Boston area.
The area features access to local parks, conservation trails, and proximity to regional shopping centers and dining districts in Northborough and nearby Westborough.
The rental market is characterized by limited inventory and steady demand, with rents reflecting the area's high median household income and suburban desirability.
The local economy is supported by a mix of professional services, retail, and proximity to the broader Worcester and MetroWest industrial and technology sectors.
The area is primarily car-dependent, with major highway access via I-290 and I-495 facilitating regional travel.
Development is focused on maintaining suburban character while managing moderate residential growth and commercial expansion along major transit corridors.
The Town of Northborough Assessor's office manages property valuations in accordance with Massachusetts state law.
Parcels are subject to municipal taxes and the Northborough-Southborough Regional School District levies.
Data retrieved from Census Reporter and IncomeByZipCode.
Local community park offering recreational space and trails.
Major regional retail and dining hub serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.