Zip 01702 (Framingham, MA) Housing

The housing market in 01702 Framingham, MA is stronger than the national average. The median value of a house in 01702 Framingham, MA is $449,100 which is significantly higher than the US median value of $338,100. Additionally, the 1 year house appreciation rate for 01702 Framingham, MA is 8.77%, which is higher than the US 1 year appreciation rate of 8.27%. This indicates that there are strong housing markets within 01702 Framingham, MA and could be an attractive place to consider if you are looking to buy a home.

The median home cost in Framingham (zip 01702) is $449,100. Home appreciation the last 10 years has been 81.3%. Home Appreciation in Framingham (zip 01702) is up 14.6%.

Average Age of Homes

- The median age of Framingham (zip 01702) real estate is 57 years old

The Rental Market in Framingham (zip 01702)

- Renters make up 63.2% of the Framingham (zip 01702) population
- 1.2% of houses and apartments in Framingham (zip 01702), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Framingham, Massachusetts	United States
	15,460.0	139,647,020.0
	58	42
	$449,100	$338,100
	14.6%	16.6%
	46.5%	57.0%
	81.3%	101.1%
	$13.03	$10.98
	$5,624	$2,690
	33.3%	57.4%
	4.2%	11.2%
	62.5%	31.4%
Vacant Housing
	1.2%	1.9%
	0.6%	0.4%
	0.0%	0.7%
	0.1%	0.4%
	0.2%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.4%	2.4%
	0.0%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	2.0%	11.3%
	6.0%	13.0%
	15.2%	20.1%
	20.4%	13.6%
	16.8%	8.3%
	30.7%	9.7%
	7.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	8.9%	13.6%
	7.2%	13.2%
	19.8%	14.8%
	8.9%	13.6%
	16.1%	10.0%
	6.1%	4.7%
	24.1%	12.2%

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