Zip lookup · MA

01542
Leicester, Massachusetts.

Leicester, Worcester County, MA · Worcester, MA-CT metro · population 2,615

What it costs per month · 01542 $2,618/mo

to buy the typical home at today's mortgage rate — +$1,445 (+123%) since Jan 2020.

What the home itself did
1 year
Up $5,757 +1%
$493,059$498,815 since Sep 2025
5 years
Up $104,535 +27%
$394,280$498,815 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 01542 $2,618 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 01542$2,618
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 01542 rose 1.2% over the past year — in step with the nation.

Zillow also publishes an index for the city itself: Leicester, MA — measured over the city limits, which is a different area from this zip.

Typical home value $498,815 as of Sep 2026
+1.2%year on year

Typical home value — 01542

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 01542 $498,815 Worcester $476,551 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • 01542$498,815
  • Worcester$476,551
  • United States$366,157

Within 20 miles

Showing 30 of 66 zips in range — sorting picks from all 66.

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
3.0 01537 North Oxford 2,278 — $413,365
3.1 01611 Cherry Valley 2,299 — $424,592
3.3 01524 Leicester 6,327 $1,900 $462,483
3.3 01501 Auburn 16,877 $2,534 $464,555
4.4 01603 Worcester 20,868 $2,073 $395,233
5.2 01562 Spencer 12,008 $1,824 $435,720
5.5 01507 Charlton 13,435 — $530,311
5.7 01602 Worcester 27,092 $2,218 $450,661
6.0 01610 Worcester 30,444 $2,128 $374,537
6.3 01607 Worcester 8,706 $2,094 $389,834
6.5 01540 Oxford 10,979 — $432,024
6.9 01608 Worcester 4,932 $1,875 $184,994
7.0 01527 Millbury 13,961 $2,459 $500,719
7.0 01515 East Brookfield 2,166 — $431,604
7.1 01609 Worcester 22,047 $1,928 $545,108
7.5 01612 Paxton 5,002 — $551,387
8.0 01604 Worcester 39,812 $2,175 $421,555
8.7 01605 Worcester 30,579 $2,272 $443,180
9.4 01590 Sutton 9,422 — $641,536
9.6 01606 Worcester 22,844 $2,221 $440,180
9.8 01520 Holden 16,912 $2,819 $559,661
9.8 01535 North Brookfield 4,760 — $392,381
10.0 01506 Brookfield 3,460 — $410,495
10.3 01571 Dudley 11,929 — $461,379
10.9 01570 Webster 17,748 $1,837 $442,081
10.9 01566 Sturbridge 7,362 — $511,950
11.3 01536 North Grafton 6,860 $2,550 $568,755
11.4 01545 Shrewsbury 38,876 $2,350 $686,263
11.7 01550 Southbridge 17,928 $1,762 $379,285
11.8 01519 Grafton 8,058 — $681,509

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.