Housing Insights for ZIP Code 02638 (Dennis, MA)

Housing Summary for ZIP Code 02638

Homeowners

The median home value in ZIP Code 02638 (Dennis, MA) is $478,200. Approximately 82.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.7%.

The average occupancy of owner-occupied units in ZIP Code 02638 is 1.97 occupants, while owner-occupied units have an aggregate average size of 3.13 bedrooms per housing unit.

Renters

In the 02638 ZIP Code, an estimated 17.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.9%.

Among renter-occupied units in this ZIP, the average occupancy is 2.07 occupants, while renters in this Barnstable County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 02638

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 02638.

ZIP 02638 Massachusetts U.S.
Median Home Value $478,200 $656,427 $364,385
Owner-Occupied Housing Units 82.2% 62.4% 64.0%
Homeowner Vacancy Rate 0.7% 1.0% 1.6%
Average Size of Owner-Occupied Unit 1.97 2.69 2.70
Average # of Bedrooms Per Unit 3.13 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 17.8% 37.6% 36.0%
Rental Vacancy Rate 7.9% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.07 2.25 2.49
Percent of Income Spent on Rent 0% 29.76% 29.83%

Home Values in ZIP Code 02638 (Dennis, MA)

The median home value in ZIP Code 02638 is $478,200. That median value is about 25% higher than the median home value of $381,600 in Massachusetts overall, and is 120% higher than the $217,500 the median home value in the entire U.S. Approximately 36.8% of homes in ZIP Code 02638 are valued $300,000 to $499,999. That is 3% higher than in Massachusetts, in which 35.9% of homes are valued at $300,000 to $499,999, and is about 91% 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 02638 homes fall into is $100,000 to $149,999 (0.0% of homes).

Home Values in ZIP Code 02638

This chart visualizes the breakdown of home values in ZIP Code 02638, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 02638 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 02638

See the table below for a regional comparison of home values in ZIP Code 02638.

Home Value ZIP 02638 Massachusetts U.S.
Less than $50,000 1.4% 1.5% 6.9%
$50,000 to $99,999 0.0% 1.4% 12.0%
$100,000 to $149,999 0.0% 3.4% 13.3%
$150,000 to $199,999 0.8% 7.2% 14.0%
$200,000 to $299,999 15.8% 19.5% 19.6%
$300,000 to $499,999 36.8% 35.9% 19.3%
$500,000 to $999,999 36.7% 25.4% 11.4%
$1,000,000 or more 8.6% 5.8% 3.4%

Home Ages in ZIP Code 02638 (Dennis, MA)

Approximately 31.2% of homes in this Dennis, MA region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 02638 is about 169% higher than percentage of homes built in this time period in Massachusetts overall (11.6% of homes), and is 105% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 15.1% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.3% of homes in this Barnstable County ZIP Code were built in 2010 to 2013 in ZIP Code 02638. 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 02638

A detailed regional comparison of home ages in ZIP Code 02638.

Year Built ZIP 02638 Massachusetts U.S.
2014 or later 0.3% 1.6% 2.5%
2010 to 2013 0.3% 1.7% 2.7%
2000 to 2009 7.1% 7.1% 14.0%
1990 to 1999 13.5% 7.7% 13.9%
1980 to 1989 15.1% 10.8% 13.4%
1970 to 1979 31.2% 11.6% 15.2%
1960 to 1969 13.4% 10.2% 10.6%
1950 to 1959 9.4% 11.3% 10.3%
1940 to 1949 1.6% 5.5% 4.9%
1939 or earlier 8.1% 32.5% 12.6%

Age of Homes in ZIP Code 02638

See the chart below for details on the age of homes in ZIP Code 02638, 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 02638

Frequently asked questions about housing in this Dennis, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 02638.

1

What is the average home value ZIP Code 02638?

The median home value in ZIP Code 02638 (Dennis, MA) is $478,200.
2

Are homes expensive in ZIP Code 02638?

The median home value in 02638 ($478,200) is an estimated 25% higher than the aggregate median value of $381,600 in Massachusetts, and is 120% 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 02638?

The vacacy rate for owner-occupied housing in ZIP Code 02638 is 0.7%. This rate is 30% lower than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 02638 vacancy rate is 56% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 02638 have older homes or newer construction?

In ZIP Code 02638, about 31.2% of homes were built in 1970 to 1979. That time range includes the most home construction. Also, 15.1% of homes in the region were built in 1980 to 1989. In contrast, 0.3% of homes in 02638 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 02638? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 02638 than renter-occupied housing. Owner-occupied units make up 82.2% of housing, compared to 17.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 02638?

The vacacy rate for rental units in ZIP Code 02638 is 7.9%. This rate is 119% higher than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 02638 vacancy rate is 32% higher than the entire U.S. vacancy rate of 6.0%.