Market Report

ZIP 02038 Housing Market

The median sale price is $725,000 (+8.1% year over year). Homes are selling in a median of 20 days.

Prices & Activity

Median Sale Price

$725K

+8.1% YoY

Days on Market

20

-5 days YoY

Months of Supply

N/A

Active Inventory

18

+100.0% YoY

Sale-to-List

99.5%

-0.6 pts YoY

Source: Redfin Data Center (through Jan 2026)

Median Sale Price — ZIP 02038

Days on Market — ZIP 02038

Growth & Supply

Population

33,154

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$146K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

21.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

Migration — Norfolk County

Avg income of movers (latest year): in $114K · out $130K

IRS Statistics of Income, County-to-County Migration Data (through 2023)

Unemployment Rate — Norfolk County

Most recent month is preliminary and subject to revision

U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)

New Construction Permits — Norfolk County

1,189 housing units permitted in the last 12 months (+21% vs the prior 12 months) — 706 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Norfolk County market

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