The story of this market
The typical home in ZIP 01588 sells for about $622,500, or $373 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 107 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,198 a month.
ZIP 01588 — Northbridge
The housing market in 01588 remains competitive, characterized by low inventory and steady demand from buyers seeking suburban value. Prices have shown modest year-over-year growth, supported by the area's proximity to the Worcester employment hub and limited new construction supply.
This ZIP is well-suited for family buyers and commuters seeking a suburban lifestyle with access to the Blackstone Valley's outdoor amenities while remaining within reach of Worcester's job market.
Median prices moved up 1.4% year over year.
Homes spend a median of 107 days on market with 2.4 months of supply — a balanced-paced market.
0% 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 5.5% · poverty 10.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 01588, 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 Northbridge Public Schools district, which generally maintains a stable reputation within the regional 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 corridor.
Economic momentum is driven by proximity to the Worcester employment hub and ongoing residential development in the Blackstone Valley, though large-scale corporate infrastructure projects are limited.
Property taxes are assessed at the municipal level by the Town of Northbridge, utilizing a single tax rate structure applied to all property classes, with standard state-level exemptions available for seniors and veterans.
Residents primarily rely on personal vehicles for commuting, with access to Route 146 providing a direct corridor to the Worcester employment core and I-90 (Mass Pike) for broader regional travel.
The area features access to the Blackstone River and Canal Heritage State Park, offering extensive walking and biking trails, alongside local community parks and proximity to regional golf courses.
The rental market is characterized by limited inventory and sustained demand, with rents reflecting the broader Worcester County upward trajectory.
The local economy is anchored by a mix of manufacturing, healthcare, and education sectors, with significant employment influence from the nearby Worcester metro area.
Transportation is heavily dependent on highway infrastructure, specifically Route 146, which serves as the primary artery for regional connectivity.
Development activity is focused on small-to-medium scale residential infill projects within the existing town footprint.
The Worcester County assessment regime relies on periodic revaluations to ensure property values align with market trends, managed by local municipal assessors.
Parcels are subject to standard municipal property taxes and may fall under specific regional school district or utility district jurisdictions.
Property insurance premiums are influenced by regional hazard exposure, including winter storm risks and standard New England property-loss trends.
Massachusetts operates as a non-judicial foreclosure state, requiring strict adherence to statutory notice periods and providing specific redemption rights to homeowners.
Massachusetts is a caveat emptor state, though sellers are required to provide specific disclosures regarding lead paint and septic systems where applicable.
Data retrieved from data.census.gov ZCTA 01588 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.
A major regional attraction offering historical sites and extensive recreational trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.