Housing Insights for ZIP Code 02338 (Halifax, MA)

Housing Summary for ZIP Code 02338

Homeowners

The median home value in ZIP Code 02338 (Halifax, MA) is $299,300. Approximately 90.8% 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 02338 is 2.74 occupants, while owner-occupied units have an aggregate average size of 2.79 bedrooms per housing unit.

Renters

In the 02338 ZIP Code, an estimated 9.2% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.28 occupants, while renters in this Plymouth County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 02338

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 02338.

ZIP 02338 Massachusetts U.S.
Median Home Value $299,300 $656,427 $364,385
Owner-Occupied Housing Units 90.8% 62.4% 64.0%
Homeowner Vacancy Rate 0.0% 1.0% 1.6%
Average Size of Owner-Occupied Unit 2.74 2.69 2.70
Average # of Bedrooms Per Unit 2.79 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 9.2% 37.6% 36.0%
Rental Vacancy Rate 0.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.28 2.25 2.49
Percent of Income Spent on Rent 0% 29.76% 29.83%

Home Values in ZIP Code 02338 (Halifax, MA)

The median home value in ZIP Code 02338 is $299,300. That median value is about 22% lower than the median home value of $381,600 in Massachusetts overall, and is 38% higher than the $217,500 the median home value in the entire U.S. An estimated 38.9% of homes in ZIP Code 02338 are valued $300,000 to $499,999. That is 8% higher than in the stat of Massachusetts, in which 35.9% of homes are valued at $300,000 to $499,999, and is about 102% 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 02338 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 02338

This chart visualizes the breakdown of home values in ZIP Code 02338, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 02338 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 02338

See the table below for a regional comparison of home values in ZIP Code 02338.

Home Value ZIP 02338 Massachusetts U.S.
Less than $50,000 1.8% 1.5% 6.9%
$50,000 to $99,999 10.8% 1.4% 12.0%
$100,000 to $149,999 3.3% 3.4% 13.3%
$150,000 to $199,999 6.8% 7.2% 14.0%
$200,000 to $299,999 27.4% 19.5% 19.6%
$300,000 to $499,999 38.9% 35.9% 19.3%
$500,000 to $999,999 10.9% 25.4% 11.4%
$1,000,000 or more 0.0% 5.8% 3.4%

Home Ages in ZIP Code 02338 (Halifax, MA)

Approximately 20.8% of homes in this Halifax, MA region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 02338 is about 79% higher than percentage of homes built in this time period in Massachusetts overall (11.6% of homes), and is 37% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 20.1% of local homes were built in 1980 to 1989. On the other end of the scale, just 2.3% of homes in this Plymouth County ZIP Code were built in 2014 or later in ZIP Code 02338. In comparison, 1.6% of homes in Massachusetts overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 02338

A detailed regional comparison of home ages in ZIP Code 02338.

Year Built ZIP 02338 Massachusetts U.S.
2014 or later 2.3% 1.6% 2.5%
2010 to 2013 2.9% 1.7% 2.7%
2000 to 2009 7.1% 7.1% 14.0%
1990 to 1999 13.1% 7.7% 13.9%
1980 to 1989 20.1% 10.8% 13.4%
1970 to 1979 20.8% 11.6% 15.2%
1960 to 1969 9.5% 10.2% 10.6%
1950 to 1959 6.5% 11.3% 10.3%
1940 to 1949 8.7% 5.5% 4.9%
1939 or earlier 9.1% 32.5% 12.6%

Age of Homes in ZIP Code 02338

See the chart below for details on the age of homes in ZIP Code 02338, 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 02338

Frequently asked questions about housing in this Halifax, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 02338.

1

What is the average home value ZIP Code 02338?

The median home value in ZIP Code 02338 (Halifax, MA) is $299,300.
2

Are homes expensive in ZIP Code 02338?

The median home value in 02338 ($299,300) is an estimated 22% lower than the aggregate median value of $381,600 in Massachusetts, and is 38% 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 02338?

The vacacy rate for owner-occupied housing in ZIP Code 02338 is 0.0%. This rate is 100% lower than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 02338 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 02338 have older homes or newer construction?

In ZIP Code 02338, about 20.8% of homes were built in 1970 to 1979. That time range includes the most home construction. Also, 20.1% of homes in the region were built in 1980 to 1989. In contrast, 2.3% of homes in 02338 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 02338? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 02338 than renter-occupied housing. Owner-occupied units make up 90.8% of housing, compared to 9.2% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 02338?

The vacacy rate for rental units in ZIP Code 02338 is 0.0%. This rate is 100% lower than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 02338 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.