The story of this market
The typical home in ZIP 01701 sells for about $675,000, or $315 per square foot.
Prices are down 3.7% from a year ago, which gives buyers more room to negotiate. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $2,300 a month.
ZIP 01701 — Framingham
The housing market in 01701 shows signs of stabilization with a median price of $675,000, reflecting a slight year-over-year cooling. Demand remains supported by the area's strong employment base and proximity to Boston, though inventory levels remain tight. Buyers are increasingly selective, leading to a moderate sale-to-list ratio.
This ZIP is well-suited for families and commuters who value access to both Boston and Worcester, as well as professionals working in the local MetroWest healthcare and tech hubs.
Median prices moved down 3.7% year over year.
Homes spend a median of 38 days on market with 2.8 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 6.8% — 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 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 01701, Middlesex County MA
Crime rates in Framingham are generally consistent with regional averages for similar-sized Massachusetts municipalities, with property crime being the primary concern.
The area is served by Framingham Public Schools, which offers a diverse range of educational programs and maintains a focus on improving student performance metrics.
The region faces moderate risks from winter storms and localized flooding in low-lying areas near the Sudbury River, with standard insurance coverage typically available.
Framingham serves as a major commercial hub in the MetroWest region, anchored by healthcare, retail, and technology sectors with ongoing redevelopment of older commercial corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Residents benefit from proximity to the MBTA Commuter Rail Framingham/Worcester line and major highway access via I-90 (Mass Pike) and Route 9 for travel to Boston.
The area features extensive green space including Callahan State Park and Cushing Memorial Park, alongside diverse shopping and dining options along the Route 9 corridor.
The rental market remains competitive with steady demand driven by proximity to Boston and local employment centers, though vacancy rates remain low.
The economy is anchored by major employers in healthcare, such as MetroWest Medical Center, and a robust retail and professional services sector.
The area is well-connected by the MBTA Commuter Rail and major arterial roads including Route 9 and the Massachusetts Turnpike.
Ongoing efforts focus on transit-oriented development near the downtown commuter rail station and the redevelopment of underutilized commercial properties.
Parcels are subject to municipal property taxes and standard utility district assessments for water and sewer services.
Property insurance premiums are influenced by regional weather patterns and proximity to flood-prone areas near the Sudbury River.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- Kimball Farm Westford4.615.7 mi
- Apex Entertainment Marlborough4.46.8 mi
- Central Rock Gym - Watertown4.613.4 mi
- Urban Air Trampoline and Adventure Park4.516.8 mi
- Dave & Buster's Natick4.34 mi
- Fenway Park4.818.3 mi
- Gillette Stadium4.618.8 mi
- Topgolf Boston - Canton3.917.9 mi
- MGM Music Hall at Fenway4.418.4 mi
- Hynes Convention Center4.519 mi
- Apex Entertainment Marlborough4.46.8 mi
- AMC Framingham 164.23.5 mi
- Sri Lakshmi Temple4.83.9 mi
- Discovery Museum4.79.7 mi
- deCordova Sculpture Park and Museum4.710.3 mi
- Museum of Fine Arts, Boston4.818.4 mi
- Boston Public Library4.819.2 mi
- Isabella Stewart Gardner Museum4.718.1 mi
- Museum of Science4.719.8 mi
- The Harvard Museum of Natural History4.817.7 mi
- Minute Man National Historical Park4.711.9 mi
- Hopkinton State Park4.65.5 mi
- Mass Audubon's Drumlin Farm4.68.6 mi
- Cochituate State Park4.54 mi
- Garden in the Woods4.71.8 mi
- Fore Kicks II Indoor & Outdoor Sports Complex4.66.4 mi
- Sandy Burr Country Club4.35.3 mi
- Stow Acres Country Club3.27.4 mi
- Juniper Hill Golf Course3.99 mi
- Butternut Farm Golf Club4.27.9 mi
- Natick Mall4.53.9 mi
- Solomon Pond Mall4.38.4 mi
- T.J. Maxx4.312.3 mi
- Waltham India Market4.211.5 mi
- Boston Logan International Airport4.122.9 mi
- Worcester Regional Airport4.621.9 mi
- Park Shuttle & Fly4.522.9 mi
- The Lounge3.422.6 mi
- Boston Skydive Center527.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state park offering hiking trails and open fields.
Popular community park with walking paths and recreational facilities.
Major regional retail destination along Route 9.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.