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Woburn

24 min to Boston
"Working-class north with I-93 access and honest prices"
Median Price
$719,000
$415/sqft
School Rating
5.1/10
Good
Appreciation
4.8%
per year
Commute
24 min
to downtown

Home Values in Woburn, MA

The average home price in Woburn, MA is approximately $719,000 (median), with homes trading at $415/sqft. Home values in Woburn have appreciated at roughly 4.8% per year, reflecting strong ongoing demand from buyers prioritizing schools and commute access.

Census estimated median home value: $613K (ACS 2022 5-year). Current market prices typically run higher due to post-2022 appreciation.

Financing Considerations

Properties in Woburn typically typically qualify for conforming loans with more flexible underwriting standards.

Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.

The Vibe

Blue-collar town turned corporate corridor with authentic neighborhoods and improving prospects

What It's Really Like

Woburn is Winchester's working-class cousin—same I-93 access, quarter the price. Route 128 tech corridor location with real neighborhood character and no pretension.

Best For

  • First-time buyers wanting affordable north
  • Families seeking value near Winchester
  • Tech workers at Burlington companies
  • Those who value authenticity over status

Avoid If

  • You need top schools immediately
  • You want walkable urban living
  • You're seeking prestige addresses

🌟Highlights

🚗Perfect I-93 and Route 128 highway access
💼Near Burlington tech corridor jobs
💰Half the price of Winchester next door
🏢Horn Pond recreation and local character

Insider Tips

  • 💡North Woburn near Winchester border is most desirable
  • 💡Commuter rail station connects to North Station
  • 💡Corporate parks bring jobs but also strip malls

Demographics

Population
40,388
Median Age
40.9
Median Income
$138,662

Source: Census ACS 2023 5-year estimates

Economic Profile

Remote Work
13.6%
work from home
Professional Workers
50.1%
knowledge economy
Broadband Access
92.5%
digital infrastructure
Median Commute
26 min
to work
Rental Cost Burden
54.4%
pay >30% on rent
Homeownership
58.8%
owner-occupied
Poverty Rate
6.5%
below poverty line
Unemployment
7.4%
of labor force
Median Home Value
$613K
Census estimate
Data source: Census ACS 2022 5-year

Religious Community

Places of Worship
12
Churches
12
Historical Context: Oldest establishment dates to 17815 established before 1900
Data Source: MassGIS 2025 (Updated 2025-02-03)

Housing Stock Age

Median Year Built
1955
71 years old
Pre-1940 Construction
7.5%
Lower risk
Post-2000 Construction
19.4%
Modern housing stock
Est. Annual Insurance
$2,505
Based on housing age

Moderate Insurance Risk

Median home built in 1955. Insurance premiums estimated at $2,505/year. Some older homes may require system updates (electrical, plumbing, HVAC).

Insurance Cost Calculator

Estimate your annual homeowners insurance premium

$359,500$719,000$1,438,000

Leave blank to use town median (1955)

Annual Premium
$2,505
$209/month
vs. State Average
+25%
MA avg: $2,008/year
Risk Category
HIGH
Based on home age

30-Year Mortgage Impact

$75,150

Total insurance cost over 30-year mortgage (equivalent to 0.3% of home value)

Age Penalty

This home costs $894 more per year to insure than a newly built home. Over 30 years, that's $26,820 in additional insurance costs.

Ways to Lower Your Premium

  • Bundle home + auto insurance with same carrier (10-25% discount)
  • Increase deductible from $500 to $2,500 (save 15-30%)
  • Install monitored security system (5-20% discount)
  • Update electrical panel and remove knob-and-tube wiring
  • Replace roof with impact-resistant materials (save 5-15%)
  • Upgrade plumbing to PEX or copper
  • Complete full home inspection and address major issues
  • Consider MAPFRE or Chubb for historic home coverage
  • Shop quotes from 5-6 carriers (rates vary significantly)
  • Ask about claims-free discount (5-year history)

* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.

Construction Era Distribution

2020+
145 units
2010-2019
6.8%
1,150 units
2000-2009
11.3%
1,900 units
1990-1999
13.4%
2,250 units
1980-1989
15.2%
2,550 units
1970-1979
17.3%
2,900 units
1960-1969
15.8%
2,650 units
1950-1959
14%
2,350 units
1940-1949
9.8%
1,650 units
Pre-1940
7.5%
1,255 units
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