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North Lakeville CDP, MA

ZIP 02347 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02347

Median Home Value
$533,800
Median Rent
$1,651
Affordability Snapshot
$147,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,429/mo PITI).

16%
Rent-to-Income Ratio

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

4.2x
Home Price-to-Income Ratio

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

26.9 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 02347 in North Lakeville CDP, MA, a household would need roughly $147,000 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 $3,429. That is about 16% above the local median household income ($126,182), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
81.5%+25% vs US avg
x
Vacancy Rate
5.7%-45% vs US avg
x
Broadband Access
94.7%+9% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
5.5%-57% vs US avg
x
Built Post-2014
2.5%-64% vs US avg
x
Rent Burden >30%
27.4%-45% vs US avg
x
Mortgage-Free
32.2%-16% vs US avg
x
$533,800
Home Value
$1,651
Rent
1984
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached85.3%
  • 1-unit attached3.0%
  • 2-9 units4.3%
  • 10+ units5.3%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$533,800
Median rent$1,651
Owner-occupied81.5%
Vacant5.7%
Price-to-income4.2x
Est. income to buy$147,000