Housing Insights for ZIP Code 01537 (North Oxford, MA)

Housing Summary for ZIP Code 01537

Homeowners

The median home value in ZIP Code 01537 (North Oxford, MA) is $222,700. Approximately 69.9% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 7.6%.

The average occupancy of owner-occupied units in ZIP Code 01537 is 2.43 occupants, while owner-occupied units have an aggregate average size of 2.3 bedrooms per housing unit.

Renters

In the 01537 ZIP Code, an estimated 30.1% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.12 occupants, while renters in this Worcester County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 01537

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 01537.

ZIP 01537 Massachusetts U.S.
Median Home Value $222,700 $656,427 $364,385
Owner-Occupied Housing Units 69.9% 62.4% 64.0%
Homeowner Vacancy Rate 7.6% 1.0% 1.6%
Average Size of Owner-Occupied Unit 2.43 2.69 2.70
Average # of Bedrooms Per Unit 2.3 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 30.1% 37.6% 36.0%
Rental Vacancy Rate 0.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.12 2.25 2.49
Percent of Income Spent on Rent 0% 29.76% 29.83%

Home Values in ZIP Code 01537 (North Oxford, MA)

The median home value in ZIP Code 01537 is $222,700. That median value is about 42% lower than the median home value of $381,600 in Massachusetts overall, and is 2% higher than the $217,500 the median home value in the entire U.S. About 26.3% of homes in ZIP Code 01537 are valued $300,000 to $499,999. That is 27% lower than in the state of Massachusetts, in which 35.9% of homes are valued at $300,000 to $499,999, and is about 36% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 01537 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 01537

This chart visualizes the breakdown of home values in ZIP Code 01537, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 01537 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 01537

See the table below for a regional comparison of home values in ZIP Code 01537.

Home Value ZIP 01537 Massachusetts U.S.
Less than $50,000 2.9% 1.5% 6.9%
$50,000 to $99,999 5.0% 1.4% 12.0%
$100,000 to $149,999 16.1% 3.4% 13.3%
$150,000 to $199,999 21.4% 7.2% 14.0%
$200,000 to $299,999 17.3% 19.5% 19.6%
$300,000 to $499,999 26.3% 35.9% 19.3%
$500,000 to $999,999 10.9% 25.4% 11.4%
$1,000,000 or more 0.0% 5.8% 3.4%

Home Ages in ZIP Code 01537 (North Oxford, MA)

Approximately 36.9% of homes in this North Oxford, MA region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 01537 is about 242% higher than percentage of homes built in this time period in Massachusetts overall (10.8% of homes), and is 175% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 15.7% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.0% of homes in this Worcester County ZIP Code were built in 2010 to 2013 in ZIP Code 01537. In comparison, 1.7% of homes in Massachusetts overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 01537

A detailed regional comparison of home ages in ZIP Code 01537.

Year Built ZIP 01537 Massachusetts U.S.
2014 or later 1.2% 1.6% 2.5%
2010 to 2013 0.0% 1.7% 2.7%
2000 to 2009 12.4% 7.1% 14.0%
1990 to 1999 7.4% 7.7% 13.9%
1980 to 1989 36.9% 10.8% 13.4%
1970 to 1979 15.7% 11.6% 15.2%
1960 to 1969 4.9% 10.2% 10.6%
1950 to 1959 9.8% 11.3% 10.3%
1940 to 1949 4.7% 5.5% 4.9%
1939 or earlier 7.0% 32.5% 12.6%

Age of Homes in ZIP Code 01537

See the chart below for details on the age of homes in ZIP Code 01537, Massachusetts, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 01537

Frequently asked questions about housing in this North Oxford, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 01537.

1

What is the average home value ZIP Code 01537?

The median home value in ZIP Code 01537 (North Oxford, MA) is $222,700.
2

Are homes expensive in ZIP Code 01537?

The median home value in 01537 ($222,700) is an estimated 42% lower than the aggregate median value of $381,600 in Massachusetts, and is 2% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 01537?

The vacacy rate for owner-occupied housing in ZIP Code 01537 is 7.6%. This rate is 660% higher than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 01537 vacancy rate is 375% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 01537 have older homes or newer construction?

In ZIP Code 01537, about 36.9% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 15.7% of homes in the region were built in 1970 to 1979. In contrast, 0.0% of homes in 01537 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 01537? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 01537 than renter-occupied housing. Owner-occupied units make up 69.9% of housing, compared to 30.1% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 01537?

The vacacy rate for rental units in ZIP Code 01537 is 0.0%. This rate is 100% lower than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 01537 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.