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Northborough CDP, MA

ZIP 01532 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 01532

Median Home Value
$598,500
Median Rent
$1,981
Affordability Snapshot
$165,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,845/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 01532 in Northborough CDP, MA, a household would need roughly $165,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,845. That is roughly in line with the local median household income ($174,358). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
85.4%+31% vs US avg
x
Vacancy Rate
3.4%-67% vs US avg
x
Broadband Access
98.2%+13% vs US avg
x
4+ Bedrooms
7.5%-49% vs US avg
x
Built Pre-1939
1.6%-88% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
28.3%-43% vs US avg
x
Mortgage-Free
26.3%-31% vs US avg
x
$598,500
Home Value
$1,981
Rent
1980
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached78.2%
  • 1-unit attached7.6%
  • 2-9 units7.3%
  • 10+ units6.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$598,500
Median rent$1,981
Owner-occupied85.4%
Vacant3.4%
Price-to-income3.4x
Est. income to buy$165,000