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Market Snapshot

Median listing price
$490K

The median listing price in Leominster, MA ZIP 01453 is $489,900 as of June 2026.

Median rent
$1,875/mo

The median market rent in Leominster, MA ZIP 01453 is $1,875/month as of June 2026.

Days on market
250 days

The median days on market in Leominster, MA ZIP 01453 is 250 days as of June 2026. The market is currently hot.

Gross rental yield
4.59%

At a median list price of $489,900 and a median rent of $1,875/month, the gross rental yield in Leominster, MA ZIP 01453 is 4.59% as of June 2026.

Leominster, MA 01453 Real Estate Market Report

ZIP Code: 01453

Report Date: June 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
65
Active Listings
29
Sold Properties
36

Market Metrics

Median Listing Price
$489,900
Median Sold Price
$427,000
Median Price per Sqft
$187/sqft

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.


Rental Market

Median Market Rent
$1,875

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.


Property Taxes

Property Tax Rate
1.20%

Liquidity & Velocity

Median Days on Market
250
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Leominster, MA, are averaging approximately 6.53%, reflecting a period of elevated borrowing costs for property owners in this market compared to earlier 2026 levels.

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


Key Findings

  1. median sold price $427,000 is the primary indicator of recent market value for Leominster (ZIP 01453) and, together with a hot market temperature and a price year‑over‑year trend of up, signals continued upward price pressure in observed transactions.
  2. median listing price $489,900 exceeds the representative recent sale price, which suggests a persistent gap between seller expectations and transaction outcomes and may indicate pricing friction during negotiations.
  3. median days on market 250 points to slower sales velocity relative to faster-turning markets and appears to reflect extended time-to-contract rather than abundant buyer activity, which may constrain near-term liquidity despite upward price trends.
  4. median price per square foot 187 alongside median market rent 1,875 and a rent year‑over‑year trend of up imply rental market strength that can underpin price support; however, interest rate pressure described as moderate (current 30‑year fixed ~6.53%) is a cautionary factor that may temper buyer affordability and demand.

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.

Recent Transactions

40 Royal Oaks Way, Leominster, MA 01453
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3 baths6,563 sqft
$945,000
May 1, 2026
$144/sqft/sqft
74 days on market
525 Lindell Ave, Leominster, MA 01453
Premium

Sold above market average

3 beds2 baths2,391 sqft
$800,000
Apr 1, 2026
$335/sqft/sqft
145 days on market
717 Wachusett St, Leominster, MA 01453
Value

Sold below market average

3 beds2 baths4,640 sqft
$755,000
Mar 1, 2026
$163/sqft/sqft
119 days on market
1347 Main St, Leominster, MA 01453
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths2,055 sqft
$480,000
Apr 1, 2026
$234/sqft/sqft
15 6th St, Leominster, MA 01453
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,363 sqft
$480,000
Mar 1, 2026
$352/sqft/sqft
265 days on market
46 Eugene St, Leominster, MA 01453
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths3,424 sqft
$475,000
May 1, 2026
$139/sqft/sqft
82 days on market
87 Vezina St, Leominster, MA 01453
Market Benchmark

Sold at market average

2 beds1 baths1,230 sqft
$230,000
Mar 1, 2026
$187/sqft/sqft
668 Main St, Leominster, MA 01453
Value

Sold below market average

3 beds1 baths3,942 sqft
$180,000
May 1, 2026
$46/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$844/mo
01453 Avg Rent
01453 Cost to Own
Rent$1,875
Own$2,719

20% down, 6.53% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

01453 Avg nightly rate
01453 Avg occupancy (days/year)
Nightly rate$73/night
Occupancy99 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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