Leominster, MA 01453 Real Estate Market Report

ZIP Code: 01453
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Leominster, MA, average 6.3%, reflecting a stable market environment for property owners in this area compared to recent 2026 benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The most reliable market signal is the median sold price of 464,950, which establishes recent transaction-level value and supports the view that realized prices are above asking in some cases given the median listing price of 459,000 upward price pressure.

2. Despite a seller-friendly backdrop indicated by a hot market temperature, the long median days on market of 235 suggests slower sales velocity and potential pricing friction for certain property segments slower transaction pace.

3. The median price per square foot of 182 combined with the median market rent of 1,825 frames valuation for SFR and condo investors, but rent year-over-year trend is unavailable so rental momentum cannot be assessed from these metrics rental trend data missing.

4. Interest-rate context is moderate with local 30-year fixed rates averaging 6.3%, which, alongside a market temperature that is hot, suggests continued seller leverage but also the potential for affordability constraints for buyers moderate interest rate pressure.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Leominster, MA 01453 Real Estate Market Report

ZIP Code: 01453
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Leominster, MA, average 6.3%, reflecting a stable market environment for property owners in this area compared to recent 2026 benchmarks.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary indicator, median sold price is 312,000, which anchors recent transaction-based value and suggests realized pricing is closely aligned with seller ask levels in the current cycle; representative recent sale.

2. The median listing price is 315,000, indicating a narrow gap between asking and transaction prices that may reflect sustained seller confidence while market conditions remain hot.

3. The market shows slower sales velocity with a median days on market of 268, which may indicate pricing friction or selective buyer activity despite the up price trend.

4. Interest-rate context is moderate with Current 30-year fixed mortgage rates averaging 6.3%, a moderate pressure that supports continued owner activity but warrants caution for affordability-sensitive buyers.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.