Welcome to our 1503 real estate data hub, tailored for investors in Berlin, MA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 1503 in Berlin, MA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WORCESTER COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Berlin, MA real estate investing. Uncover the wealth of information available, and position yourself for success in the Berlin property market.
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Location Overview
- Zip Code: 1503
- City: Berlin
- State: MA
- Metro Area: Worcester, MA-CT
- County Name: WORCESTER COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $564,570
- Average Home Price (Single Family Homes): $595,894
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 0.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,330
- Average 3 Bedroom Section 8 Rental Rates: $1,800
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 35.37
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 26.14
- Number of Units Offered in Section 8 in the County: 8701
- Number of Occupied Units in Section 8 in the County: 8458
- Percentage of Section 8 Units Occupied in the County: 97.19999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 198.06
- Total % Appreciation since 2000 (Government Data): 127.58
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.29%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.07%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.56%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.09%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 72.48%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.23%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.12%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%