Housing Insights for ZIP Code 01463 (Pepperell, MA)

Housing Summary for ZIP Code 01463

Homeowners

The median home value in ZIP Code 01463 (Pepperell, MA) is $343,400. Approximately 79.8% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.8%.

The average occupancy of owner-occupied units in ZIP Code 01463 is 2.90 occupants, while owner-occupied units have an aggregate average size of 3.07 bedrooms per housing unit.

Renters

In the 01463 ZIP Code, an estimated 20.2% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.8%.

Among renter-occupied units in this ZIP, the average occupancy is 1.96 occupants, while renters in this Middlesex County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 01463

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 01463.

ZIP 01463 Massachusetts U.S.
Median Home Value $343,400 $656,427 $364,385
Owner-Occupied Housing Units 79.8% 62.4% 64.0%
Homeowner Vacancy Rate 0.8% 1.0% 1.6%
Average Size of Owner-Occupied Unit 2.90 2.69 2.70
Average # of Bedrooms Per Unit 3.07 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 20.2% 37.6% 36.0%
Rental Vacancy Rate 4.8% 3.6% 6.0%
Average Size of Renter-Occupied Unit 1.96 2.25 2.49
Percent of Income Spent on Rent 0% 29.76% 29.83%

Home Values in ZIP Code 01463 (Pepperell, MA)

The median home value in ZIP Code 01463 is $343,400. That median value is about 10% lower than the median home value of $381,600 in Massachusetts overall, and is 58% higher than the $217,500 the median home value in the entire U.S. About 55.8% of homes in ZIP Code 01463 are valued $300,000 to $499,999. That is 55% higher than in Massachusetts, in which 35.9% of homes are valued at $300,000 to $499,999, and is about 189% 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 01463 homes fall into is $50,000 to $99,999 (0.8% of homes).

Home Values in ZIP Code 01463

This chart visualizes the breakdown of home values in ZIP Code 01463, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 01463 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 01463

See the table below for a regional comparison of home values in ZIP Code 01463.

Home Value ZIP 01463 Massachusetts U.S.
Less than $50,000 2.1% 1.5% 6.9%
$50,000 to $99,999 0.8% 1.4% 12.0%
$100,000 to $149,999 1.7% 3.4% 13.3%
$150,000 to $199,999 4.7% 7.2% 14.0%
$200,000 to $299,999 22.5% 19.5% 19.6%
$300,000 to $499,999 55.8% 35.9% 19.3%
$500,000 to $999,999 10.8% 25.4% 11.4%
$1,000,000 or more 1.4% 5.8% 3.4%

Home Ages in ZIP Code 01463 (Pepperell, MA)

Approximately 21.0% of homes in this Pepperell, MA region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 01463 is about 35% lower than percentage of homes built in this time period in Massachusetts overall (32.5% of homes), and is 67% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 19.4% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.9% of homes in this Middlesex County ZIP Code were built in 1940 to 1949 in ZIP Code 01463. In comparison, 5.5% of homes in Massachusetts overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 01463

A detailed regional comparison of home ages in ZIP Code 01463.

Year Built ZIP 01463 Massachusetts U.S.
2014 or later 1.3% 1.6% 2.5%
2010 to 2013 2.0% 1.7% 2.7%
2000 to 2009 8.6% 7.1% 14.0%
1990 to 1999 14.5% 7.7% 13.9%
1980 to 1989 19.4% 10.8% 13.4%
1970 to 1979 19.4% 11.6% 15.2%
1960 to 1969 9.8% 10.2% 10.6%
1950 to 1959 3.1% 11.3% 10.3%
1940 to 1949 0.9% 5.5% 4.9%
1939 or earlier 21.0% 32.5% 12.6%

Age of Homes in ZIP Code 01463

See the chart below for details on the age of homes in ZIP Code 01463, 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 01463

Frequently asked questions about housing in this Pepperell, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 01463.

1

What is the average home value ZIP Code 01463?

The median home value in ZIP Code 01463 (Pepperell, MA) is $343,400.
2

Are homes expensive in ZIP Code 01463?

The median home value in 01463 ($343,400) is an estimated 10% lower than the aggregate median value of $381,600 in Massachusetts, and is 58% 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 01463?

The vacacy rate for owner-occupied housing in ZIP Code 01463 is 0.8%. This rate is 20% lower than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 01463 vacancy rate is 50% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 01463 have older homes or newer construction?

In ZIP Code 01463, about 21.0% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 19.4% of homes in the region were built in 1980 to 1989. In contrast, 0.9% of homes in 01463 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 01463? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 01463 than renter-occupied housing. Owner-occupied units make up 79.8% of housing, compared to 20.2% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 01463?

The vacacy rate for rental units in ZIP Code 01463 is 4.8%. This rate is 33% higher than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 01463 vacancy rate is 20% lower than the entire U.S. vacancy rate of 6.0%.