Is Northborough, MA 01532 a buyer’s or seller’s market?
Northborough is a seller’s market. With about 1.8 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 87% of U.S. ZIP codes, and #197 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Northborough housing market right now
In the three months ending August 31, 2026, 44% of homes in Northborough, MA 01532 sold above their list price, the typical home went under contract in 23 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 73 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (42% then), homes sold more slowly (19 days then) and the median sale price rose 7% to $739,680. Overall, Northborough is about as competitive as it was a year ago.
Within Worcester County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Northborough ranks #197 of 362 MA ZIP codes with enough sales (score 82 out of 100).
Nearby, buyers who want less competition could look at Fayville 01745 (0% sold over asking) or Worcester 01608 (0% sold over asking), while Leicester 01524 (80% sold over asking) and Cherry Valley 01611 (71% sold over asking) are even more competitive.
Run the numbers for 01532
Nearby markets
Ashburnham 01430Seller’s market $275 /sq ftAthol 01331Seller’s market $248 /sq ftAuburn 01501Seller’s market $299 /sq ftBaldwinville 01436Buyer’s market $277 /sq ft Browse all markets →Towns like Northborough nearby
Find towns like Northborough in other states →Where Northborough is
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Questions about Northborough real estate
Is Northborough a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Northborough, MA 01532 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Northborough?
The typical home went under contract in 23 days in the latest three months.
Do homes in Northborough sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Northborough?
About 1.28% of a home’s value a year in Worcester County, or roughly $5,120 on a $400,000 home.
What is the median home price in Northborough?
The median sale price was $739,680 in the three months ending August 31, 2026, about $331 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology