Harvard, Massachusetts.
Typical home $921,885 (+0.6% in a year). Worcester, MA-CT metro.
to buy the typical home at today's mortgage rate — +$2,683 (+124%) since Jan 2020.
- 1 year
- Up $5,166 +1%
- $916,719$921,885 since Sep 2025
- 5 years
- Up $187,119 +25%
- $734,766$921,885 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.
- Harvard$4,839
- Massachusetts$3,439
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Harvard, MA rose 0.6% over the past year — slower than the nation's +1.2%.
Living in Harvard, Worcester County, Massachusetts
Harvard is a town of 6,851 people in Worcester County. Half its households earn more than $213,996 a year and half less, against $95,939 across Worcester County; 4% of its people live below the poverty line. 89% of its homes are lived in by their owners and 11% are rented. Unemployment in Worcester County was 4.5% in August 2026, and the county had 1.4% more jobs in 2025 than the year before. The most residents work in professional services, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Harvard is a small town in Worcester County where nearly everyone owns the home they live in, far more than across the county as a whole. Household incomes run well above the county's, and the typical home is valued well above what most of the region sees. Residents tend to be middle-aged and older, and a large majority of adults hold a four-year degree. Winters are cold, with January highs near freezing, and summers turn warm in July, with a good deal of rain and melted snow over a year.
Work. Many residents work in professional and business services, in schools, hospitals and social care, in banks, insurance and property, and in shops. Within the town, some of the largest workplaces are Bristol-Myers Squibb, which makes pharmaceutical preparations, Commonwealth Fusion Systems, an engineering research and development firm, and the Harvard Schools. Commutes are fairly long, and many people work from home, more than in most places.
Things to do. The Nashua River is a short drive away and is the nearest place on the list for time by the water. A longer drive brings you to Walden Pond, a well-known reservoir, and to the Museum of Fine Arts Boston, one of the best known art museums in the region. Boston Common, a public garden, is also a longer drive away.
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- 2,073households
- 62%of adults have a degree
- 4%below the poverty line
- 32 mintypical commute
- 45%work from home
What residents work in
Employed residents by industry, from the Census survey. Worcester County had 356,384 jobs in 2025, 1.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 15°; warmest in July, with highs near 87° and lows near 60°. About 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Maynard weather station, 9 miles away (NOAA).
Largest workplaces in Harvard
- Bristol-Myers Squibb CompanyPharmaceutical preparations manufacturing1,785
- Commonwealth Fusion SystemsEngineering research and development laboratories or services917
- Devens Treatment & Recovery CenterPsychiatric hospital272FTE
- Veranova - DevensPharmaceutical preparations manufacturing212
- Harvard SchoolsSchool district171FTE
- Quiet PlatformsGeneral warehousing and storage109
- BionosticsIn-vitro diagnostic substances manufacturing104
- Aerospace DevensAerospace90
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 12 workplaces with 20 or more staff, 3,452 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsVery high
- Strong windRelatively high
- HurricanesRelatively high
- Inland floodingRelatively high
- LightningRelatively high
- Cold wavesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Worcester County, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Worcester County and the Worcester, MA-CT metro.
Harvard home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Harvard$921,885
- Massachusetts$655,219
- United States$366,157
Sellers are cutting prices on about 1 in 4 Harvard listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Harvard23.93%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Harvard30
New listings per month
Sellers arriving at the market.
- Harvard6
Zip codes with a Harvard address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Harvard — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.