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, MA

ZIP 02056 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02056

Median Home Value
$694,300
Median Rent
$1,645
Affordability Snapshot
$191,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,460/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

35.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02056 in MA, a household would need roughly $191,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,460. That is roughly in line with the local median household income ($197,379). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
95.1%+45% vs US avg
x
Vacancy Rate
3.0%-71% vs US avg
x
Broadband Access
98.4%+13% vs US avg
x
4+ Bedrooms
2.9%-81% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
7.9%-84% vs US avg
x
Mortgage-Free
23.9%-37% vs US avg
x
$694,300
Home Value
$1,645
Rent
1983
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.9%
  • 1-unit attached5.2%
  • 2-9 units3.9%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$694,300
Median rent$1,645
Owner-occupied95.1%
Vacant3.0%
Price-to-income3.5x
Est. income to buy$191,000