Northbridge, MA 01534 Real Estate Market Report

ZIP Code: 01534
Report Date: March 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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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 Northbridge MA 01534 market average around 6.37% to 6.56%, which is higher than the 5.50%-5.75% range forecasted for mid-2026, suggesting current property owners locked in a more favorable rate.

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. $549,900 is the median sold price, indicating a strong demand and competitive pricing in the market.

2. The market temperature is currently hot, suggesting robust buyer interest despite slower sales velocity.

3. Properties are taking an average of 221 days on market, which may indicate a slower sales pace and potential pricing friction.

4. Median market rent has risen to $1,990, reflecting strong rental demand in the area.

5. Current interest rate pressure is elevated, with mortgage rates between 6.37% and 6.56%, which could affect buyer affordability and market dynamics.

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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.