Leominster, MA 01453 Real Estate Market Report

ZIP Code: 01453
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Leominster, MA stands at $469,000, reflecting a stable market despite elevated mortgage rates. This price point indicates a modest appreciation in the local market, suggesting a resilient demand among buyers. The neighborhood has increased up since 2023, highlighting a positive trend in property values.

Current market conditions show 220 days on market, indicating a slower sales velocity and a potential pricing friction as buyers navigate elevated interest rate pressures. The inventory landscape appears to be characterized by elevated inventory levels, with a notable gap between the median listing price of $509,900 and the median sold price. This disparity may suggest seller expectations are not fully aligned with current buyer sentiment, further contributing to the slower transaction volume.

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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 the Leominster MA market around 5.875% to 6.26% are notably lower than the 6.5% to 7% range seen earlier in 2026, presenting a favorable refinancing comparison.

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. $469,000 is the median sold price, indicating a stable market with modest appreciation.

2. 220 days on market reflects a slower sales velocity, suggesting potential pricing friction in the market.

3. The median listing price of $509,900 indicates elevated seller expectations relative to the median sold price.

4. Market temperature is currently hot, indicating strong demand despite elevated interest rates.

5. The median market rent is $2,254, showing significant increases and reflecting strong underlying demand in the region.

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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.