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Framingham, MA

Full City Profile · Massachusetts · Middlesex County County

3.4 /5.0
B Good
72,013 Population 2,876/sq mi density
$98,179 Median Income $52,420 per capita
$600,600 Home Value $652,294 Zillow
$1,853 Median Rent 32.1% income on rent
49°F Avg Temperature 246 sunny days/yr
406 Violent Crime/100K 1,094 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$98,179 median income, 3.1% unemployment
B
Affordability
3.2 / 5.0
$600,600 home value, $1,853/mo rent
F
Safety
1.0 / 5.0
406 violent crimes/100K (7% above avg)
A+
Education
5.0 / 5.0
49.4% bachelor's degree or higher

Housing Overview

Median Home Value
$600,600
113% above
US avg: $281,900
Median Rent
$1,853/mo
59% above
US avg: $1,163/mo
Homeownership Rate
54.8%
16% below US avg (65.4%)
Total Housing Units
28,783
Median year built: 1964

Home Value by Source

Census Median
$600,600
Zillow (ZHVI)
$652,294
Median Sale Price
$740,000
Median List Price
$592,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.8%
Owner-Occupied
45.2%
Renter-Occupied
55%
45%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $1,853/mo · Zillow rent: $2,317/mo

Market Indicators (Redfin)

Median Days on Market
14 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$409
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
54.8%

Complete Housing Data

Home Values

Census Median Value$600,600
Zillow Home Value (ZHVI)$652,294
Median Sale Price$740,000
Median List Price$592,500
Price Per Sq Ft$409

Rent

Census Median Rent$1,853
Zillow Rent (ZORI)$2,317
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market14
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$409

Ownership & Stock

Owner-Occupied54.8%
Renter-Occupied45.2%
Homeownership Rate54.8%
Total Housing Units28,783
Median Year Built1964
Rent Burden32.1%