HousingHandbookReference data

U.S. ZIP Code · MA02032

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

Typical home value

$811,963[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.6%
5-year / yr
+4.7%
10-year / yr
+5.1%

Relative price

vs U.S.
+185.8%
vs metro
+11.9%
vs state
+32.7%
ZIP 02032 location in MA
Location of ZIP 02032 in MA

Price history

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

The typical home in 02032 is worth $811,963 — 11.9% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have fallen 0.6%. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$8,309[3]

#Climate risk

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

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

#Who lives here

Population
4,992[3]
Median household income
$180,682[3]

#Migration

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

Net migration
-1,817[5]
Moved in
22,823
Moved out
24,640

Schools

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

Public schools
3
Elementary
1
Middle
1
High
0
  • TEC Connections Academy Commonwealth Virtual School

    Other · Grades K–12 · TEC Connections Academy Commonwealth Virtual School District

    2,907 students

  • Old Post Road

    Elementary · Grades K–5 · Walpole

    469 students

  • Bird Middle

    Middle · Grades 6–8 · Walpole

    400 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$4,106
Loan principal$649,571
Down payment$162,393
Total interest paid$828,492

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.

Own : rent ratio
Monthly cost to own$5,473
Monthly rent

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
28th percentile[1]
Rental yield
[2]
Property tax
44th percentile[3]

Frequently asked

How much is a home worth in ZIP code 02032?
The typical home in 02032 is worth $811,963, based on the Zillow Home Value Index.
Are home values rising in 02032?
Home values in 02032 are down 0.6% over the past year, and up 4.7% a year over five years.
What is the property tax rate in 02032?
The effective property tax rate in 02032 is 1.0% — roughly $8,309 a year on a typical home.
Who lives in 02032?
ZIP code 02032 has a population of 4,992 and a median household income of $180,682.

#Comparable ZIPs

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

  • Portsmouth, NH

    Typical home
    $810,572
    Gross yield
    4.1%
  • MA

    Typical home
    $813,524
    Gross yield
  • Andover CDP, MA

    Typical home
    $814,162
    Gross yield
    4.0%
  • MA

    Typical home
    $808,783
    Gross yield
    4.1%
  • Stoneham CDP, MA

    Typical home
    $817,553
    Gross yield
    4.7%
  • Boston, MA

    Typical home
    $818,312
    Gross yield
    5.0%

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