02038 Zip Code Real Estate Market Sees Home Sales Down

The 02038 zip code market pulled back with a 10.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (33.5) with 34 homes sold. Meanwhile, the 02864 zip code reported 69 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $387,500, up from last week's $361,250. In spite of the decrease in sales, a low three months of inventory signals that the 02038 zip code is a seller's market.

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Demographic facts for the 02038 zip code:

  • The population growth rating is 46. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $11.91/$1,000.
  • People in this area have a commute time breakdown of: <15 min (24.1%), 15-29 min (22.8%), 30-44 min (23.2%), 45-59 min (12.7%), >60 min (17.3%).

Data reported through 10/12/2016

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Residential Properties Ltd
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Best Choice Realty
Snapped 5 homes in this area
Keller Williams Realty
Snapped 3 homes in this area

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