October's First-Time Homebuyer Report for 01518 Zip Code

With 3,167 residents, 01518 is a smaller-than-average zip code in Massachusetts. Also, with an 18.3% increase over the last 10 years, its population is growing faster than other parts of the state. The 01518 zip code is made up of homes that are relatively old with a median of 29 years. Topping the list of best schools in the zip code is Burgess Elementary School.

Price Range

The median value of homes in the 01518 zip code is $288,000, making the area almost identical to others in Massachusetts. At the same time, the average list price of available homes is presently $260,079. The 01518 zip code market slowed this week but remained above average levels as sales tumbled 28.6% to five homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in the 01518 zip code? These listings have stirred up interest and produced the most views:

$150K   $129K   $229K  

Typical Dwelling

The typical dwelling in the 01518 zip code is a three-bedroom detached home worth about $258,130. To purchase a similar home, a buyer with good credit and a $51,626 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,706 monthly payment. The property tax rate is $13.23 per $1,000 of taxable assessed value.

Get started right now by checking out 01518 homes for sale or reviewing 01518 real estate trends.


Data reported through 10/13/2016

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