Home Sales Fall in 02142 Zip Code Real Estate Market

In this week's report, the number of homes sold in the 02142 zip code market fell to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. Within the same time frame, the 02129 zip code had 37 sales, the most of all zip codes in the area. Prices are falling in the 02142 zip code, and this period the median price of all sales fell from $760,500 to $650,000. Along with the slip in sales, a relatively high seven months of inventory indicates that the 02142 zip code is a solid buyer's market.

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Demographic facts about the 02142 zip code:

  • The median value of all homes is $866,400.
  • The area gets 124 rainy days a year. (U.S. average: 100)
  • This area has an unemployment rate of 4.1%.
  • The students per teacher ratio in this area is 9.6:1. (15.3:1 = national average)

Data reported through 10/12/2016


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