How much is a home worth in ZIP code 01721?

The typical home in 01721 is worth $673,893, based on the Zillow Home Value Index.

Are home values rising in 01721?

Home values in 01721 are up 0.8% over the past year, and up 6.3% a year over five years.

What is the typical rent in 01721?

A typical home in 01721 rents for about $2,688 a month, a gross rental yield of 4.8%.

What is the property tax rate in 01721?

The effective property tax rate in 01721 is 1.3% — roughly $8,429 a year on a typical home.

ZIP code 01721 has a population of 18,873 and a median household income of $127,539.

HousingHandbookReference data

…

U.S. ZIP Code · MA01721

Middlesex County · Boston-Cambridge-Newton, MA-NH

Typical home value

$673,893^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.8%
5-year / yr: +6.3%
10-year / yr: +5.9%

Relative price

vs U.S.: +137.2%
vs metro: -7.2%
vs state: +10.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 01721 is worth $673,893 — 7.2% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 0.8%. Homes here rent for a typical $2,688 a month — a 4.8% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,688^[2]
Gross yield: 4.8%^[2]
Cap rate: 2.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.3%^[3]
Typical annual tax: $8,429^[3]

#Climate risk

FEMA National Risk Index ratings for Middlesex County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Low
Wildfire: Relatively Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Relatively High
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Relatively Moderate

#Who lives here

Population: 18,873^[3]
Median household income: $127,539^[3]

#Migration

Household moves in and out of Middlesex County over a year, from IRS tax-return data.

Net migration: -5,282^[5]
Moved in: 47,132
Moved out: 52,414

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 2
Middle: 1
High: 1

Ashland High
High · Grades 9–12 · Ashland
870 students
Ashland Middle
Middle · Grades 6–8 · Ashland
679 students
David Mindess
Elementary · Grades 3–5 · Ashland
667 students
Henry E Warren Elementary
Elementary · Grades K–2 · Ashland
611 students
William Pittaway Elementary
Prekindergarten · Grades PK · Ashland
76 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.8%

Net yield (after ~40% expenses)2.9%

Annual rent$32,255

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,408

Loan principal$539,115

Down payment$134,779

Total interest paid$687,611

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.74

Monthly cost to own$4,671

Monthly rent$2,688

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 67th percentile^[1]
Rental yield: 59th percentile^[2]
Property tax: 70th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 01721?: The typical home in 01721 is worth $673,893, based on the Zillow Home Value Index.
Are home values rising in 01721?: Home values in 01721 are up 0.8% over the past year, and up 6.3% a year over five years.
What is the typical rent in 01721?: A typical home in 01721 rents for about $2,688 a month, a gross rental yield of 4.8%.
What is the property tax rate in 01721?: The effective property tax rate in 01721 is 1.3% — roughly $8,429 a year on a typical home.
Who lives in 01721?: ZIP code 01721 has a population of 18,873 and a median household income of $127,539.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

02122 vs 01721 →
Boston, MA
Typical home
$673,928
Gross yield
5.5%
02367 vs 01721 →
MA
Typical home
$672,568
Gross yield
—
02128
Boston, MA
Typical home
$669,214
Gross yield
5.6%
02135
Boston, MA
Typical home
$678,720
Gross yield
5.6%
03823
Dover, NH
Typical home
$678,788
Gross yield
—
01876
MA
Typical home
$679,545
Gross yield
4.6%

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Pit ZIP 01721 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MA01721

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