Housing Insights for ZIP Code 02171 (Quincy, MA)

Housing Summary for ZIP Code 02171

Homeowners

The median home value in ZIP Code 02171 (Quincy, MA) is $457,200. Approximately 54.5% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 02171 is 2.58 occupants, while owner-occupied units have an aggregate average size of 2.19 bedrooms per housing unit.

Renters

In the 02171 ZIP Code, an estimated 45.5% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 2.1%.

Among renter-occupied units in this ZIP, the average occupancy is 1.86 occupants, while renters in this Norfolk County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 02171

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 02171.

ZIP 02171 Massachusetts U.S.
Median Home Value $457,200 $656,427 $364,385
Owner-Occupied Housing Units 54.5% 62.4% 64.0%
Homeowner Vacancy Rate 0.0% 1.0% 1.6%
Average Size of Owner-Occupied Unit 2.58 2.69 2.70
Average # of Bedrooms Per Unit 2.19 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 45.5% 37.6% 36.0%
Rental Vacancy Rate 2.1% 3.6% 6.0%
Average Size of Renter-Occupied Unit 1.86 2.25 2.49
Percent of Income Spent on Rent 0% 29.76% 29.83%

Home Values in ZIP Code 02171 (Quincy, MA)

The median home value in ZIP Code 02171 is $457,200. That median value is about 20% higher than the median home value of $381,600 in Massachusetts overall, and is 110% higher than the $217,500 the median home value in the entire U.S. Approximately 50.4% of homes in ZIP Code 02171 are valued $300,000 to $499,999. That is 40% higher than in the state ofMassachusetts, where 35.9% of homes are valued at $300,000 to $499,999, and is about 161% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 02171 homes fall into is $50,000 to $99,999 (0.4% of homes).

Home Values in ZIP Code 02171

This chart visualizes the breakdown of home values in ZIP Code 02171, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 02171 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 02171

See the table below for a regional comparison of home values in ZIP Code 02171.

Home Value ZIP 02171 Massachusetts U.S.
Less than $50,000 0.4% 1.5% 6.9%
$50,000 to $99,999 0.4% 1.4% 12.0%
$100,000 to $149,999 0.7% 3.4% 13.3%
$150,000 to $199,999 1.6% 7.2% 14.0%
$200,000 to $299,999 8.9% 19.5% 19.6%
$300,000 to $499,999 50.4% 35.9% 19.3%
$500,000 to $999,999 34.2% 25.4% 11.4%
$1,000,000 or more 3.5% 5.8% 3.4%

Home Ages in ZIP Code 02171 (Quincy, MA)

Approximately 31.3% of homes in this Quincy, MA region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 02171 is about 4% lower than percentage of homes built in this time period in Massachusetts overall (32.5% of homes), and is 148% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 14.7% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.4% of homes in this Norfolk County ZIP Code were built in 2010 to 2013 in ZIP Code 02171. In comparison, 1.7% of homes in Massachusetts overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 02171

A detailed regional comparison of home ages in ZIP Code 02171.

Year Built ZIP 02171 Massachusetts U.S.
2014 or later 1.6% 1.6% 2.5%
2010 to 2013 0.4% 1.7% 2.7%
2000 to 2009 12.4% 7.1% 14.0%
1990 to 1999 4.6% 7.7% 13.9%
1980 to 1989 14.7% 10.8% 13.4%
1970 to 1979 9.6% 11.6% 15.2%
1960 to 1969 5.0% 10.2% 10.6%
1950 to 1959 8.6% 11.3% 10.3%
1940 to 1949 11.8% 5.5% 4.9%
1939 or earlier 31.3% 32.5% 12.6%

Age of Homes in ZIP Code 02171

See the chart below for details on the age of homes in ZIP Code 02171, Massachusetts, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 02171

Frequently asked questions about housing in this Quincy, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 02171.

1

What is the average home value ZIP Code 02171?

The median home value in ZIP Code 02171 (Quincy, MA) is $457,200.
2

Are homes expensive in ZIP Code 02171?

The median home value in 02171 ($457,200) is an estimated 20% higher than the aggregate median value of $381,600 in Massachusetts, and is 110% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 02171?

The vacacy rate for owner-occupied housing in ZIP Code 02171 is 0.0%. This rate is 100% lower than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 02171 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 02171 have older homes or newer construction?

In ZIP Code 02171, about 31.3% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 14.7% of homes in the region were built in 1980 to 1989. In contrast, 0.4% of homes in 02171 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 02171? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 02171 than renter-occupied housing. Owner-occupied units make up 54.5% of housing, compared to 45.5% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 02171?

The vacacy rate for rental units in ZIP Code 02171 is 2.1%. This rate is 42% lower than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 02171 vacancy rate is 65% lower than the entire U.S. vacancy rate of 6.0%.