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Northborough, MA

Full City Profile · Massachusetts · Worcester County County

3.9 /5.0
B+ Good
6,720 Population 2,043/sq mi density
$154,926 Median Income $76,685 per capita
$553,700 Home Value $676,305 Zillow
$1,219 Median Rent 29.4% income on rent
48°F Avg Temperature 246 sunny days/yr
20 Violent Crime/100K 584 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$154,926 median income, 2.9% unemployment
A+
Affordability
4.7 / 5.0
$553,700 home value, $1,219/mo rent
F
Safety
1.0 / 5.0
20 violent crimes/100K
A+
Education
5.0 / 5.0
66.8% bachelor's degree or higher

Housing Overview

Median Home Value
$553,700
96% above
US avg: $281,900
Median Rent
$1,219/mo
5% above
US avg: $1,163/mo
Homeownership Rate
84.1%
29% above US avg (65.4%)
Total Housing Units
2,613
Median year built: 1972

Home Value by Source

Census Median
$553,700
Zillow (ZHVI)
$676,305
Median Sale Price
$572,500
Median List Price
$675,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.1%
Owner-Occupied
15.9%
Renter-Occupied
84%
16%
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: $1,219/mo

Market Indicators (Redfin)

Median Days on Market
82 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$309
Active Inventory
20
homes for sale

Affordability & Housing Stock

Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
84.1%

Complete Housing Data

Home Values

Census Median Value$553,700
Zillow Home Value (ZHVI)$676,305
Median Sale Price$572,500
Median List Price$675,000
Price Per Sq Ft$309

Rent

Census Median Rent$1,219
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 Market82
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold8
Active Inventory20
Price Per Sq Ft$309

Ownership & Stock

Owner-Occupied84.1%
Renter-Occupied15.9%
Homeownership Rate84.1%
Total Housing Units2,613
Median Year Built1972
Rent Burden29.4%