Real Estate Investing in Middleton, Massachusetts (01949)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Essex County • Population: 9,727 • Data updated: September 2026

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Should you buy in 01949 (Middleton, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • High price-to-rent: Price-to-rent ratio 32.4 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Middleton, MA (01949)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $895,320
Avg Monthly Rent $2,304
1% Rule ✗ Does Not Meet
Median Income $168,245
% Renters 6.7%

Market Analysis: 01949 Middleton

ZIP 01949 inside Essex County looks affordable on the surface — median value of $895K — but the discount exists for reasons that a careful buyer should understand before committing.

Rent of $2,304/mo on a $895K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 01949 sits below the stated 0.0% once reality is priced in.

Nearby ZIPs in Middleton have seen price recovery that 01949 has not matched. Essex County data supports the view that the spread is structural rather than temporary.

On balance, 9,727 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Experienced landlords with local relationships tend to find 01949 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Middleton:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.3× the median income
Value Trend
Rising (+4.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,304/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 01949

Which property type performs best in this market?

Best for Cash Flow
1BR
3.6% cap rate
Best for Appreciation
5BR
+8.8% 5yr CAGR
Best Overall Value
5BR
$274,425/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $426,983 $2,160 3.6% +6.0% $426,983
2BR $643,688 $2,560 2.9% +6.4% $321,844
3BR $829,089 $3,080 2.7% +6.6% $276,363
4BR $1,215,574 $3,390 2.0% +8.3% $303,894
5BR $1,372,123 +8.8% $274,425

Market Trends

Home Value History (with trend line)

$936K$823K$710K$597K$484K$372KJul 2006Jul 2016Jul 2026

📊 How Does 01949 Compare?

Metric 01949 Middleton Massachusetts
Home Value $895,320 $895,320 $645,115
5-Year CAGR 5.1% 5.1% 7.0%
Avg Rent $2,304 $2,304 -
Cap Rate 2.0% 2.0% -
💡 Why Invest in 01949? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 01949 (Middleton, MA). Anonymous, moderated, never written by AI.

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Property managers serving Essex County

Manage rentals here? List your business →

MRS Property Management offers full-service property management and tenant placement for apartments, houses, and commercial rentals across the North Shore area and Southern New Hampshire. summary from their website

Single-familySmall multifamilyCommercial
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CNR Property Management provides expert property management and maintenance solutions. summary from their website

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This domain is for sale for $2,295 or monthly payments. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.0%
Low
5yr Growth
+5.1%
Moderate

📊 Market Snapshot

Home Value $895,320
Monthly Rent $2,304
Price-to-Rent 32.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.1%
Cap Rate 2.0%
5-Year IRR 7.1%

📈 Home Appreciation

1-Year +4.5% ▲
3-Year CAGR +4.1% ▲
5-Year CAGR +5.1% ▲
10-Year CAGR +5.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.7%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+5.1%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 01949

Population: 9,727

💰 Median Household Income
$168,245
This area
$168,245
State
$107,356
USA
$74,580
🏠 Renter Occupied
6.7%
This area
6.7%
State
28.1%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-8.0%
USA
3.7%
🎓 College Educated
40.3%
This area
40.3%
State
32.1%
USA
33.7%
👤 Median Age
44.6 years
This area
44.6 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
4.7%
This area
4.7%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 89.1%
Other/Mixed 6.8%
Hispanic/Latino 5.6%
Asian 2.4%
Black/African American 1.7%
👶 Under 18
17.9%
This area
17.9%
USA
22.0%
👴 65 and Over
19.2%
This area
19.2%
USA
17.3%
📊 Poverty Rate
2.4%
This area
2.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 01949

A+ Avg School Grade
2 Schools
10.4:1 Avg Class Size
$24,290 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Howe-Manning

📚 03 – 06 School
👥
437 Students
👨‍🏫
10.8:1 Class Size
💰
$24,290 Per Student
A+ Excellent

Fuller Meadow

📚 K – 02 Elementary
👥
285 Students
👨‍🏫
10.0:1 Class Size
💰
$24,290 Per Student

Nearby Schools (1 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

Essex North Shore Agricultural and Technical School

📚 09 – 12 High School
📍 565 Maple Street, Hathorne
👥
1,745 Students
👨‍🏫
11.5:1 Class Size
💰
$25,386 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 3,301 Off-Campus Students
C
North Shore Community College
4,833 students · 2.6 mi
C+
Merrimack College
5,688 students · 7.0 mi
C
Montserrat College of Art
276 students · 8.1 mi
C
Gordon-Conwell Theological Seminary
1,373 students · 8.7 mi
D
Spa Tech Institute-North Andover
144 students · 9.2 mi
C+
Salem State University
6,239 students · 9.5 mi
C+
Endicott College
4,254 students · 9.6 mi
C+
Catherine Hinds Institute of Esthetics
163 students · 9.8 mi

Investor Insight: With 3,301 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is housing expensive in Middleton, MA?

Middleton, MA median home values land near $895K. That is reasonable territory for investors looking at $2,304/mo-per-month rentals.

Is Middleton, MA a friendly market for rental owners?

Middleton, MA falls under MA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

What is the typical rental rate in Middleton, MA?

The typical rental in Middleton, MA commands about $2,304/mo monthly. That rent profile even-keeled cash flow against the $895K purchase basis.

How does Middleton, MA rate as a rental market?

Middleton, MA scores 3.0/5 for investability. Home values sit at $895K and rents near $2,304/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Is it easy to find good tenants in Middleton, MA?

Tenant demand in Middleton, MA is solid. The local workforce $2,304/mo rents across most rental classes.

You know 01949 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 01949 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 01949 ranks in Boston-Cambridge-Newton, MA-NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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