01562
Spencer, Massachusetts.
Spencer, Worcester County, MA · Worcester, MA-CT metro · population 12,008
to buy the typical home at today's mortgage rate — +$1,271 (+125%) since Jan 2020.
- 1 year
- Up $6,017 +1%
- $429,704$435,720 since Sep 2025
- 5 years
- Up $89,384 +26%
- $346,337$435,720 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.
- 01562$2,287
- 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 01562 rose 1.4% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Spencer, MA — measured over the city limits, which is a different area from this zip.
Asking rent — 01562
Against the Worcester, MA-CT metro and the national benchmark.
- 01562$1,824
- Worcester$2,105
- United States$1,932
Typical home value — 01562
Mid-tier homes, smoothed and seasonally adjusted.
- 01562$435,720
- Worcester$476,551
- United States$366,157
Within 20 miles
Showing 30 of 61 zips in range — sorting picks from all 61.
| 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 |
|---|---|---|---|---|---|
| 3.7 | 01524 | Leicester | 6,327 | $1,900 | $462,483 |
| 4.1 | 01515 | East Brookfield | 2,166 | — | $431,604 |
| 4.7 | 01535 | North Brookfield | 4,760 | — | $392,381 |
| 5.2 | 01542 | Rochdale | 2,615 | — | $498,815 |
| 5.4 | 01612 | Paxton | 5,002 | — | $551,387 |
| 5.9 | 01611 | Cherry Valley | 2,299 | — | $424,592 |
| 6.8 | 01506 | Brookfield | 3,460 | — | $410,495 |
| 7.5 | 01602 | Worcester | 27,092 | $2,218 | $450,661 |
| 7.6 | 01603 | Worcester | 20,868 | $2,073 | $395,233 |
| 7.7 | 01068 | Oakham | 1,639 | — | $480,235 |
| 7.8 | 01537 | North Oxford | 2,278 | — | $413,365 |
| 7.8 | 01507 | Charlton | 13,435 | — | $530,311 |
| 8.3 | 01501 | Auburn | 16,877 | $2,534 | $464,555 |
| 8.6 | 01531 | New Braintree | 973 | — | $458,877 |
| 8.8 | 01609 | Worcester | 22,047 | $1,928 | $545,108 |
| 8.8 | 01585 | West Brookfield | 4,810 | — | $413,552 |
| 9.3 | 01610 | Worcester | 30,444 | $2,128 | $374,537 |
| 9.5 | 01520 | Holden | 16,912 | $2,819 | $559,661 |
| 9.6 | 01543 | Rutland | 9,353 | — | $533,766 |
| 9.8 | 01608 | Worcester | 4,932 | $1,875 | $184,994 |
| 10.4 | 01607 | Worcester | 8,706 | $2,094 | $389,834 |
| 10.8 | 01566 | Sturbridge | 7,362 | — | $511,950 |
| 10.8 | 01605 | Worcester | 30,579 | $2,272 | $443,180 |
| 11.0 | 01083 | Warren | 2,858 | — | $359,707 |
| 11.0 | 01606 | Worcester | 22,844 | $2,221 | $440,180 |
| 11.1 | 01522 | Jefferson | 3,152 | — | $533,904 |
| 11.2 | 01518 | Fiskdale | 2,598 | — | $532,378 |
| 11.3 | 01540 | Oxford | 10,979 | — | $432,024 |
| 11.4 | 01604 | Worcester | 39,812 | $2,175 | $421,555 |
| 11.6 | 01031 | Gilbertville | 1,676 | — | $398,894 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.