Zip 01581 (Westborough, MA) Housing

The housing market in Westborough, Massachusetts (01581) is robust and showing strong appreciation. The median value of homes in this area is $603,900, which is more than twice as much as the US median value of $338,100. This past year saw an impressive 7.66% increase in home values, slightly below the national annual appreciation rate of 8.27%. This indicates a healthy local housing market even when compared to national trends.

The median home cost in Westborough (zip 01581) is $603,900. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Westborough (zip 01581) is up 14.0%.

Average Age of Homes

- The median age of Westborough (zip 01581) real estate is 42 years old

The Rental Market in Westborough (zip 01581)

- Renters make up 37.6% of the Westborough (zip 01581) population
- 2.3% of houses and apartments in Westborough (zip 01581), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Westborough, Massachusetts	United States
	8,405.0	139,647,020.0
	45	42
	$603,900	$338,100
	14.0%	16.6%
	52.3%	57.0%
	81.1%	101.1%
	$16.88	$10.98
	$8,587	$2,690
	57.7%	57.4%
	5.1%	11.2%
	37.2%	31.4%
Vacant Housing
	2.3%	1.9%
	0.7%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	0.3%	3.9%
	0.0%	4.5%
	0.8%	11.3%
	2.3%	13.0%
	6.0%	20.1%
	14.7%	13.6%
	24.0%	8.3%
	35.7%	9.7%
	12.1%	3.9%
	2.5%	2.2%
	0.0%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.3%	13.6%
	5.3%	13.6%
	14.7%	13.6%
	10.7%	13.2%
	18.4%	14.8%
	14.7%	13.6%
	10.5%	10.0%
	4.4%	4.7%
	11.5%	12.2%

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