02807 Zip Code Real Estate Market Extends Downward Trend in Price Cuts

With a recent downward trend in sellers reducing price, including six markdowns over the last 30 days, sales in the 02807 zip code market remained the same with four over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. As the lowering of listing prices trended lower, sale prices themselves have also been falling. The median sales price dropped to $1,075,000, extending a four-week long spiral. The 02807 zip code is a solid buyer's market, due to falling prices and a large 19 months of inventory left.

If you have a tight budget for your next home, begin the search with these low-cost listings in the 02807 zip code:

$199K   $279K   $325K  

Get started right now by checking out 02807 homes for sale or reviewing 02807 real estate trends.

Demographic facts about the 02807 zip code:

  • This area has an average elevation of 67 feet.
  • The median income for the homes in this area is $79,556.
  • The student per counselor ratio in this area is 460:1. (513:1 = national average)

Data reported through 10/12/2016

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