Whitinsville, MA 01588 Real Estate Market Report

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.

Market Metrics

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

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

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. The primary indicator of market value is the median sold price of $489,000, which reflects recent transaction levels and suggests realized pricing in the market; combined with a median days on market of 219, this appears to indicate slower sales velocity despite ongoing price strength (slower transaction velocity).
2. Seller pricing expectations show a gap between asking and realized value: the median listing price of $519,900 sits above the median sold price, which may indicate pricing friction or sellers testing the market rather than transactions closing at list.
3. Market fundamentals point to continued strength: the market is characterized as hot, and rents are rising with a median market rent of $2,100, supporting price appreciation and investor interest while interest rate dynamics are a moderating factor (moderate interest rate pressure noted).
4. Supply and liquidity signals suggest relatively constrained active supply versus recent sales activity in the analyzed sample, which, taken with a median price per square foot of $227, supports maintained price levels and implies careful pricing is required to convert listings into sales (hot market).

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.