Northbridge, MA 01534 Real Estate Market Report

ZIP Code: 01534
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

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.

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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.

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Key Findings

1. The neighborhood's primary market value indicator is the median sold price: 567,400, which represents recent transaction-level pricing and should be the focal point for valuation and comps in Northbridge, MA; this level aligns with a hot marketTemperature signal.

2. The median listing price is 439,900, a contrast to the median sold price that creates observable pricing friction between asking prices and realized transactions; this spread may indicate divergent seller expectations versus closed-market outcomes and suggests careful comparable selection when pricing new listings.

3. Market liquidity appears mixed: the median days on market is 224, which reflects slower sales velocity even as the broader indicators show a heated market; this combination may indicate more selective buyer behavior or longer negotiation cycles rather than abundant supply.

4. Contextual valuation metrics—median price per square foot 248 and median market rent 2,000—support income/price context while trend signals remain positive: priceYoYTrend is up and rentYoYTrend is up, but interestRatePressure is elevated, which could temper buyer purchasing power despite a hot marketTemperature.

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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.

Northbridge, MA 01534 Real Estate Market Report

ZIP Code: 01534
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

Liquidity metrics unavailable due to insufficient data quality.

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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.

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Key Findings

1. median sold price is not available in the provided metrics, so a transaction-based price anchor for current market value cannot be established from this dataset; the absence likely reflects limited reported closed-sale data in the feed rather than a lack of market activity.

2. price year-over-year trend is up, which—combined with a market temperature of hot—suggests recent sold prices are strengthening and sellers can expect favorable pricing dynamics in negotiations.

3. Given the reported conditions, the market appears to be a seller-leaning environment with relatively strong velocity and moderate pricing friction; however, elevated interest rate pressure may temper buyer purchasing power and could slow the pace of price gains if rates persist.

4. median market rent 2,000 with a rent year-over-year trend of up indicates rental demand and pricing are rising locally, which may support investor interest and provide a near-term income floor for SFR and condominium owners.

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Notable Properties

The following 7 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.