Northborough, MA Home Values & Market Trends

Real estate market trends reflect that there have been 169 transactions over the past year in Northborough. The median value for residential home transactions that occurred over the previous year is $605,592.49. The number of current listings in Northborough is 6, and the percentage of properties for sale in the city is 6.00%. Northborough, MA currently has 6 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 6 properties for sale.

Northborough, MA Real Estate Market Overview

ZipMedian Est. Value
01532

$ 894,000

$ 289/sqft

Housing Market Summary for Northborough, MA

Apr 2023March 2024Change
Median Listing Price$724.5K$598K-17.47%
Median Sold Price$569.3K$598K5.03%
Homes For Sale87-12.50%
Homes Sold6962-10.14%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Northborough, MA

Northborough home values range from $55,926 to $3,884,109. The median estimated value of a home in Northborough is $605,592.49. The median list price of a home is 819,500, and the total count of properties in the city is 4,945.

Foreclosure
There is 1 zips within Northborough, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $930,985 in 01532 to the lowest value of $438,000 in 01532. Foreclosure homes account for 0.00% of properties in Northborough, MA with 01532 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Northborough, MA with 01532 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Northborough, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $930,985 in 01532 to the lowest home value of $448,861 in 01532.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Northborough, MA ranges from the highest value of $557,000 in 01532 to the lowest value of $557,000 in 01532. Bank owned homes and properties account for 0.02% of properties in Northborough, MA. There is 1 zips within Northborough, MA; 01532 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    01532 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Northborough, MA. Auction homes and other auction properties account for 0.04% of all properties in Northborough, MA. There is 1 zips within Northborough, MA; of that zips, the median estimated home value for homes going to auction ranges from $714,250 in 01532 to the lowest value of $438,000 in 01532.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.12% of residential properties in Northborough, MA with 01532 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Northborough, MA; homes for sale in that zips, have a range of median values from $1,575,000 in 01532 to the lowest value of $634,023 in 01532.
    Sold Homes
    The median value for recently sold homes ranges from $1,137,254 in 01532 to the lowest price of $252,303 in 01532. There is 1 zips within Northborough, MA. 01532 has 59 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.19% of properties in Northborough, MA.

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      Guide for Northborough, MA

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      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

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      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Northborough, MA

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