Market Overview
Home Prices in Northborough, MA
The median home value in Northborough, MA is $712,713 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Northborough are priced74% above average. Northborough is part of the Worcester, MA-CT metro area.
Over the past five years, Northborough home values have risen by approximately31.9%, reflecting strong long-term appreciation in this market.
Price History
Northborough Home Price Trend
City Comparison
Northborough vs. National Median
At $712,713, homes in Northborough cost 74% above the national median of $410,000. Buyers in Northborough should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Northborough?
20% Down Payment
$142,543
on $712,713
Monthly P&I
$3,717/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,721/mo
incl. taxes & insurance
Income Needed
$188,840
gross annual (30% rule)
10% Down Option
$71,271
+ PMI applies
Loan Amount (20% dn)
$570,170
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Northborough, MA?
The median home value in Northborough is $712,713 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Northborough?
Over the past year, home values in Northborough have increased by 1.7%. Over five years, prices have risen approximately 31.9%.
How much do I need to earn to buy a home in Northborough?
To comfortably afford the median home price of $712,713 with a 20% down payment ($142,543) at today's rates (6.8%), you'd need a gross annual income of approximately $188,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Northborough compare to the national average home price?
The national median home value is approximately $410,000. At $712,713, homes in Northborough are 74% above the national average.
What metro area is Northborough part of?
Northborough is part of the Worcester, MA-CT metropolitan area. Home prices and market conditions can vary across the broader metro region.