Housing Insights for ZIP Code 01568 (Upton, MA)

Housing Summary for ZIP Code 01568

Homeowners

The median home value in ZIP Code 01568 (Upton, MA) is $486,300. Approximately 85.3% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.3%.

The average occupancy of owner-occupied units in ZIP Code 01568 is 3.03 occupants, while owner-occupied units have an aggregate average size of 3.33 bedrooms per housing unit.

Renters

In the 01568 ZIP Code, an estimated 14.7% 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 01568

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 01568.

ZIP 01568 Massachusetts U.S.
Median Home Value $486,300 $642,213 $356,002
Owner-Occupied Housing Units 85.3% 62.4% 64.0%
Homeowner Vacancy Rate 2.3% 1.0% 1.6%
Average Size of Owner-Occupied Unit 3.03 2.69 2.70
Average # of Bedrooms Per Unit 3.33 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 14.7% 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 01568 (Upton, MA)

The median home value in ZIP Code 01568 is $486,300. That median value is about 27% higher than the median home value of $381,600 in Massachusetts overall, and is 124% higher than the $217,500 the median home value in the entire U.S. About 45.7% of homes in ZIP Code 01568 are valued $500,000 to $999,999. That is 80% higher than in the state of Massachusetts, in which 25.4% of homes are valued at $500,000 to $999,999, and is about 301% higher than in the U.S. overall (11.4% of homes valued at $500,000 to $999,999). The home value range that the smallest portion of ZIP Code 01568 homes fall into is $50,000 to $99,999 (0.0% of homes).

Home Values in ZIP Code 01568

This chart visualizes the breakdown of home values in ZIP Code 01568, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 01568 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 01568

See the table below for a regional comparison of home values in ZIP Code 01568.

Home Value ZIP 01568 Massachusetts U.S.
Less than $50,000 1.2% 1.5% 6.9%
$50,000 to $99,999 0.0% 1.4% 12.0%
$100,000 to $149,999 2.4% 3.4% 13.3%
$150,000 to $199,999 1.5% 7.2% 14.0%
$200,000 to $299,999 9.2% 19.5% 19.6%
$300,000 to $499,999 38.2% 35.9% 19.3%
$500,000 to $999,999 45.7% 25.4% 11.4%
$1,000,000 or more 1.8% 5.8% 3.4%

Home Ages in ZIP Code 01568 (Upton, MA)

Approximately 22.7% of homes in this Upton, MA region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 01568 is about 195% higher than percentage of homes built in this time period in Massachusetts overall (7.7% of homes), and is 63% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 21.0% of local homes were built in 1939 or earlier. On the other end of the scale, just 0.7% of homes in this Worcester County ZIP Code were built in 2010 to 2013 in ZIP Code 01568. 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 01568

A detailed regional comparison of home ages in ZIP Code 01568.

Year Built ZIP 01568 Massachusetts U.S.
2014 or later 2.5% 1.6% 2.5%
2010 to 2013 0.7% 1.7% 2.7%
2000 to 2009 12.6% 7.1% 14.0%
1990 to 1999 22.7% 7.7% 13.9%
1980 to 1989 15.1% 10.8% 13.4%
1970 to 1979 10.8% 11.6% 15.2%
1960 to 1969 3.6% 10.2% 10.6%
1950 to 1959 6.8% 11.3% 10.3%
1940 to 1949 4.2% 5.5% 4.9%
1939 or earlier 21.0% 32.5% 12.6%

Age of Homes in ZIP Code 01568

See the chart below for details on the age of homes in ZIP Code 01568, 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 01568

Frequently asked questions about housing in this Upton, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 01568.

1

What is the average home value ZIP Code 01568?

The median home value in ZIP Code 01568 (Upton, MA) is $486,300.
2

Are homes expensive in ZIP Code 01568?

The median home value in 01568 ($486,300) is an estimated 27% higher than the aggregate median value of $381,600 in Massachusetts, and is 124% 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 01568?

The vacacy rate for owner-occupied housing in ZIP Code 01568 is 2.3%. This rate is 130% higher than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 01568 vacancy rate is 44% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 01568 have older homes or newer construction?

In ZIP Code 01568, about 22.7% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 21.0% of homes in the region were built in 1939 or earlier. In contrast, 0.7% of homes in 01568 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 01568? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 01568 than renter-occupied housing. Owner-occupied units make up 85.3% of housing, compared to 14.7% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 01568?

The vacacy rate for rental units in ZIP Code 01568 is 0.0%. This rate is 100% lower than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 01568 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.