02637

Balanced market-29.1% YoY

$1.00Mmedian sale price

The 02637 zip code, located in Northbridge, MA, is currently classified as a balanced market. The median sale price stands at $1.00M, representing a -29.1% change year over year. Homes in this area spend an average of 1 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 02637 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

1

Last 12 weeks

Days on market

1

Fast-moving

Active listings

Sale-to-list

100.0%

Above asking

Market trends

Market analysis for 02637

The 02637 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.0% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 02637 have declined -29.1% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

Community profile

Population

323

Median income

$207,878/yr

Median age

66.2 years

Owner-occupied

10000.0%

College grads

6380.0%

Living in 02637

Zip code 02637 is home to approximately 323 residents. The median household income is $207,878 per year, which shapes the types of homes and amenities available in the area. With a median age of 66.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 10000.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 6380.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 02637.

Frequently asked questions about 02637

What is the median home price in 02637?

The current median sale price in 02637 is $1.00M, based on recent Redfin transaction data. Prices have changed -29.1% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 02637 a buyer's or seller's market?

The 02637 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 02637?

Zip code 02637 has a population of approximately 323 residents. The median household income is $207,878 per year. About 10000.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 02637?

Properties Incorporated provides comprehensive data for 02637 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 02637 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.

Get zip code 02637 market alerts

Weekly updates on prices, inventory, and trends. Free forever.