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Leominster, MA

Full City Profile · Massachusetts · Worcester County County

3.3 /5.0
B Good
43,697 Population 1,516/sq mi density
$81,556 Median Income $45,014 per capita
$345,000 Home Value $454,252 Zillow
$1,282 Median Rent 30.2% income on rent
49°F Avg Temperature 246 sunny days/yr
574 Violent Crime/100K 1,439 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$81,556 median income, 3.9% unemployment
A
Affordability
4.3 / 5.0
$345,000 home value, $1,282/mo rent
F
Safety
1.0 / 5.0
574 violent crimes/100K (51% above avg)
B+
Education
3.6 / 5.0
32.3% bachelor's degree or higher

Housing Overview

Median Home Value
$345,000
22% above
US avg: $281,900
Median Rent
$1,282/mo
10% above
US avg: $1,163/mo
Homeownership Rate
62.9%
4% below US avg (65.4%)
Total Housing Units
19,187
Median year built: 1965

Home Value by Source

Census Median
$345,000
Zillow (ZHVI)
$454,252
Median Sale Price
$410,000
Median List Price
$435,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.9%
Owner-Occupied
37.1%
Renter-Occupied
63%
37%
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: $1,282/mo · Zillow rent: $1,730/mo

Market Indicators (Redfin)

Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
36.7%
of listings with price reduction
Price Per Sq Ft
$249
Active Inventory
30
homes for sale

Affordability & Housing Stock

Rent Burden
30.2%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
62.9%

Complete Housing Data

Home Values

Census Median Value$345,000
Zillow Home Value (ZHVI)$454,252
Median Sale Price$410,000
Median List Price$435,000
Price Per Sq Ft$249

Rent

Census Median Rent$1,282
Zillow Rent (ZORI)$1,730
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 Market34
Sale-to-List Ratio1.0%
Price Drops36.7%
Homes Sold18
Active Inventory30
Price Per Sq Ft$249

Ownership & Stock

Owner-Occupied62.9%
Renter-Occupied37.1%
Homeownership Rate62.9%
Total Housing Units19,187
Median Year Built1965
Rent Burden30.2%