October's First-Time Homebuyer Report for 01540 Zip Code

The 01540 zip code is a zip code in Massachusetts with a median income of $65,635 per household. Besides being somewhat affluent, its population is older than others with a median age of 41 years. The 01540 zip code market is almost exclusively made up of detached homes, currently accounting for 91% overall. The best schools in the zip code are Alfred M Chaffee and Oxford Middle School.

Price Range

The median value of homes in the 01540 zip code is $176,500, making it one of the lower priced areas in Massachusetts. At the same time, the average list price of available homes is presently $250,131. The 01540 zip code market pulled back this week but remained above average levels as sales fell 6.2% to 15 homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in the 01540 zip code that generated the most views from potential buyers:

$164K   $119K   $229K  

Typical Dwelling

A three-bedroom detached home valued around $226,823 is considered a typical dwelling in the 01540 zip code. If a buyer was looking for a similar home, they would need good credit and a $45,365 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,213 and the property tax rate is $13.23 per $1,000 of taxable assessed value.

Get started right now by checking out 01540 homes for sale or reviewing 01540 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
RE/MAX Executive Realty
RE/MAX Acclaim
Snapped 3 homes in this area
Exit Beacon Pointe Realty
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.