How much is a home worth in ZIP code 01742?

The typical home in 01742 is worth $1,460,069, based on the Zillow Home Value Index.

Are home values rising in 01742?

Home values in 01742 are up 1.2% over the past year, and up 6.9% a year over five years.

What is the typical rent in 01742?

A typical home in 01742 rents for about $3,709 a month, a gross rental yield of 3.0%.

What is the property tax rate in 01742?

The effective property tax rate in 01742 is 1.2% — roughly $18,123 a year on a typical home.

ZIP code 01742 has a population of 18,448 and a median household income of $195,125.

HousingHandbookReference data

…

U.S. ZIP Code · MA01742

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

Typical home value

$1,460,069^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.2%
5-year / yr: +6.9%
10-year / yr: +5.2%

Relative price

vs U.S.: +414.0%
vs metro: +101.1%
vs state: +138.7%

Price history

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

The typical home in 01742 is worth $1,460,069 — 101.1% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 1.2%. Homes here rent for a typical $3,709 a month — a 3.0% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $3,709^[2]
Gross yield: 3.0%^[2]
Cap rate: 1.8%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $18,123^[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: 18,448^[3]
Median household income: $195,125^[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: 3
Middle: 1
High: 1

Concord Carlisle High
High · Grades 9–12 · Concord-Carlisle
1,230 students
Concord Middle
Middle · Grades 6–8 · Concord
654 students
Willard
Elementary · Grades PK–5 · Concord
451 students
Thoreau
Elementary · Grades PK–5 · Concord
436 students
Alcott
Elementary · Grades PK–5 · Concord
430 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 yield3.0%

Net yield (after ~40% expenses)1.8%

Annual rent$44,511

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$7,383

Loan principal$1,168,055

Down payment$292,014

Total interest paid$1,489,790

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 ratio2.73

Monthly cost to own$10,108

Monthly rent$3,709

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: 80th percentile^[1]
Rental yield: 8th percentile^[2]
Property tax: 69th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 01742?: The typical home in 01742 is worth $1,460,069, based on the Zillow Home Value Index.
Are home values rising in 01742?: Home values in 01742 are up 1.2% over the past year, and up 6.9% a year over five years.
What is the typical rent in 01742?: A typical home in 01742 rents for about $3,709 a month, a gross rental yield of 3.0%.
What is the property tax rate in 01742?: The effective property tax rate in 01742 is 1.2% — roughly $18,123 a year on a typical home.
Who lives in 01742?: ZIP code 01742 has a population of 18,448 and a median household income of $195,125.

#Comparable ZIPs

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

02025 vs 01742 →
MA
Typical home
$1,443,607
Gross yield
—
02478 vs 01742 →
Belmont CDP, MA
Typical home
$1,481,251
Gross yield
2.5%
02466
Newton, MA
Typical home
$1,437,337
Gross yield
2.9%
02465
Newton, MA
Typical home
$1,437,064
Gross yield
3.2%
02110
Boston, MA
Typical home
$1,418,184
Gross yield
—
02210
Boston, MA
Typical home
$1,504,651
Gross yield
3.2%

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Pit ZIP 01742 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MA01742

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