New-build home prices in 01516
Recorded home sales in ZIP 01516 (Worcester County) run a median of $248 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $200 and $295/sq ft.
What new homes sell for in 01516
At the local median of $248/sq ft, a new home would price roughly:
| 1,500 sq ft | $372,000 |
| 2,000 sq ft | $496,000 |
| 2,500 sq ft | $620,000 |
| 3,000 sq ft | $744,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Single-family | 402 | $253 | 1,915 sf | $478,750 |
| Condominium | 85 | $236 | 1,632 sf | $359,419 |
| Multi-family | 17 | $191 | 2,686 sf | $470,000 |
Recent sales in 01516
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 2,748 | $809,900 | $295 | 2010 | 6/2025 |
| Single-family | 1,244 | $555,000 | $446 | 1998 | 8/2025 |
| Single-family | 1,456 | $405,000 | $278 | 1850 | 1/2025 |
| Single-family | 1,806 | $400,000 | $222 | 2000 | 1/2025 |
| Single-family | 994 | $380,000 | $382 | 1920 | 6/2025 |
| Single-family | 1,044 | $370,000 | $354 | 1920 | 6/2025 |
| Condominium | 1,144 | $328,000 | $287 | 1991 | 2/2025 |
| Single-family | 1,530 | $276,500 | $181 | 1945 | 1/2025 |
| Single-family | 1,740 | $110,000 | $63 | 1979 | 1/2025 |
| Single-family | 3,724 | $985,000 | $265 | 2001 | 12/2024 |
| Single-family | 3,752 | $865,000 | $231 | 1999 | 8/2024 |
| Single-family | 2,610 | $840,000 | $322 | 2023 | 8/2024 |
| Single-family | 2,648 | $792,156 | $299 | 2024 | 7/2024 |
| Single-family | 3,745 | $785,000 | $210 | 2021 | 12/2024 |
| Single-family | 2,992 | $780,000 | $261 | 2023 | 2/2024 |
Appraising a site in 01516?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 01516 home prices
- What is the price per square foot in 01516?
- Recent recorded home sales in ZIP 01516 (Worcester County, MA) run a median of $248 per square foot, with the middle half between $200 and $295, from 504 qualified sales in 2021-2025.
- What does a home sell for in 01516?
- The typical recorded sale in 01516 is a 1,812 sq ft home at $455,000. A new 1,812 sq ft home at the local $248/sq ft would price around $449,376.
- Where does this 01516 data come from?
- MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of Worcester County →
Nearby ZIPs: 01570 · 01590 · 01569 · 01588 · 01525 · 01540 · 02826 · 01534
Massachusetts land hub
Method: recorded residential sales with assessor living area (2021+) from MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.