October's First-Time Homebuyer Report for 01550 Zip Code

01550 is a zip code that is shrinking slower than others in Massachusetts at a 10-year growth rate of -3.3%. It also has a larger than average population of 16,650 people. The 01550 zip code is made up of homes that are considered older than most with a median of 60 years. Heading the list of top schools in the zip code is Eastford Road.

Culture

According to Foursquare, if shopping is your thing, you might enjoy Big Bunny Market, Shaw's, and Big Y World Class Markets. Great outdoor attractions are Jellystone Campground and YMCA. For arts and entertainment, you'll find The Cannery Music Hall.

Price Range

Some of the least expensive homes in Massachusetts are in the 01550 zip code with a median home value of $125,000, while the list prices of available homes is currently at an average of $168,381. In this week's report, the number of homes sold in the 01550 zip code market fell to 12 over the past 30 days. It marked a decrease of 7.7% from last week's report and another period below the monthly average.

Out of all the listings in the 01550 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$499K   $122K   $175K  

Typical Dwelling

The typical dwelling in the 01550 zip code is a three-bedroom detached home worth about $177,076. To purchase a similar home, a buyer with good credit and a $35,415 cash down payment could obtain a mortgage with a 3.95% interest rate and a $942 monthly payment. The property tax rate is $13.23 per $1,000 of taxable assessed value.

Get started right now by checking out 01550 homes for sale or reviewing 01550 real estate trends.


Data reported through 10/13/2016

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LAER Realty Partners
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Exit Realty Partners
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