Market Overview
Home Prices in Petersham, MA
The median home value in Petersham, MA is $491,187 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 3.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Petersham are priced20% above average. Petersham is part of the Worcester, MA-CT metro area.
Over the past five years, Petersham home values have risen by approximately28.9%, reflecting strong long-term appreciation in this market.
Price History
Petersham Home Price Trend
City Comparison
Petersham vs. National Median
At $491,187, homes in Petersham cost 20% above the national median of $410,000. Buyers in Petersham should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Petersham?
20% Down Payment
$98,237
on $491,187
Monthly P&I
$2,562/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,254/mo
incl. taxes & insurance
Income Needed
$130,160
gross annual (30% rule)
10% Down Option
$49,119
+ PMI applies
Loan Amount (20% dn)
$392,950
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 Petersham, MA?
The median home value in Petersham is $491,187 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Petersham?
Over the past year, home values in Petersham have increased by 2%. Over five years, prices have risen approximately 28.9%.
How much do I need to earn to buy a home in Petersham?
To comfortably afford the median home price of $491,187 with a 20% down payment ($98,237) at today's rates (6.8%), you'd need a gross annual income of approximately $130,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Petersham compare to the national average home price?
The national median home value is approximately $410,000. At $491,187, homes in Petersham are 20% above the national average.
What metro area is Petersham part of?
Petersham is part of the Worcester, MA-CT metropolitan area. Home prices and market conditions can vary across the broader metro region.