The story of this market
The typical home in ZIP 01564 sells for about $534,731, or $336 per square foot.
Prices are down 10.9% from a year ago, which gives buyers more room to negotiate. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,699 a month.
ZIP 01564 — Sterling
The housing market in 01564 shows signs of cooling with a notable year-over-year decline in median sale prices. While inventory remains tight, the market is experiencing a shift toward more balanced conditions compared to the rapid appreciation seen in previous years.
This ZIP is well-suited for families and commuters seeking a suburban environment with access to both Worcester and the Boston metro area.
Median prices moved down 10.9% year over year.
Homes spend a median of 21 days on market with 1.4 months of supply — a fast-moving market.
30% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 6.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01564, 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 the Wachusett Regional School District, which is generally well-regarded within the region.
The region faces standard New England climate risks, including winter storm exposure and localized flood risks in low-lying areas.
Sterling serves as a residential community with proximity to the Worcester employment core and major regional infrastructure corridors.
Property taxes are assessed by the Town of Sterling based on local mill rates; special assessments may apply for specific utility or school district bonds.
Residents primarily commute via I-190 toward Worcester or toward the I-495 belt for access to the Greater Boston employment market.
The area features access to outdoor amenities including the Wachusett Reservoir, local hiking trails, and proximity to regional golf courses.
The rental market is characterized by limited inventory and steady demand, with rents reflecting the broader Worcester County cost-of-living trends.
The local economy is anchored by the broader Worcester County industrial and service sectors, with significant employment in healthcare, education, and manufacturing.
The area is served by major highway corridors including I-190, facilitating regional transit toward Worcester and Boston.
Development is primarily focused on low-density residential expansion and preservation of rural character.
The Worcester County assessment regime follows standard Massachusetts municipal property tax valuation cycles.
Parcels are subject to the Wachusett Regional School District and local municipal utility districts.
Property insurance premiums are influenced by regional hazard profiles, including winter storm and wind exposure.
Data retrieved from data.census.gov ZCTA 01564 profile.
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 major regional landmark providing scenic views and protected watershed land.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.