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Ocean Grove CDP, MA

ZIP 02777 — 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 02777

Median Home Value
$414,900
Median Rent
$1,155
Affordability Snapshot
$114,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,665/mo PITI).

12%
Rent-to-Income Ratio

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

3.6x
Home Price-to-Income Ratio

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

29.9 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 02777 in Ocean Grove CDP, MA, a household would need roughly $114,000 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 $2,665. That is roughly in line with the local median household income ($116,627). 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
86.6%+32% vs US avg
x
Vacancy Rate
0.6%-94% vs US avg
x
Broadband Access
86.6%-0% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
6.7%-48% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
24.7%-50% vs US avg
x
Mortgage-Free
34.2%-11% vs US avg
x
$414,900
Home Value
$1,155
Rent
1968
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached91.9%
  • 1-unit attached0.6%
  • 2-9 units5.0%
  • 10+ units2.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$414,900
Median rent$1,155
Owner-occupied86.6%
Vacant0.6%
Price-to-income3.6x
Est. income to buy$114,000