October's First-Time Homebuyer Report for 02542 Zip Code

The 02542 zip code is a zip code in Massachusetts with a median income of $49,131 per household. Besides being much less affluent than average, its population is much older than others with a median age of 27 years. With a median age of 52 years, homes in the 02542 zip code tend to be older than most. Topping the list of best schools in the zip code is Otis Memorial.

Price Range

Homes in the 02542 zip code are worth a median of $308,900, similar to other parts of Massachusetts. Additionally, the list prices of available homes is currently at an average of $303,692.

Typical Dwelling

A three-bedroom detached home valued around $294,000 is considered a typical dwelling in the 02542 zip code. If a buyer was looking for a similar home, they would need good credit and a $58,800 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $41 and the property tax rate is $9.92 per $1,000 of taxable assessed value.

Get started right now by checking out 02542 homes for sale or reviewing 02542 real estate trends.


Data reported through 10/13/2016

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Keller Williams Realty

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