How much is a home worth in ZIP code 02119?

The typical home in 02119 is worth $656,147, based on the Zillow Home Value Index.

Are home values rising in 02119?

Home values in 02119 are down 0.7% over the past year, and up 2.3% a year over five years.

What is the typical rent in 02119?

A typical home in 02119 rents for about $3,693 a month, a gross rental yield of 6.8%.

What is the property tax rate in 02119?

The effective property tax rate in 02119 is 0.5% — roughly $3,243 a year on a typical home.

ZIP code 02119 has a population of 27,377 and a median household income of $48,488.

HousingHandbookReference data

…

U.S. ZIP Code · MA02119

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

Typical home value

$656,147^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.7%
5-year / yr: +2.3%
10-year / yr: +5.4%

Relative price

vs U.S.: +131.0%
vs metro: -9.6%
vs state: +7.3%

Price history

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

The typical home in 02119 is worth $656,147 — 9.6% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have fallen 0.7%. Homes here rent for a typical $3,693 a month — a 6.8% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent: $3,693^[2]
Gross yield: 6.8%^[2]
Cap rate: 4.1%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $3,243^[3]

#Climate risk

FEMA National Risk Index ratings for Suffolk 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: No Rating
Heat wave: Relatively High
Hurricane: Relatively High
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Relatively Low

#Who lives here

Population: 27,377^[3]
Median household income: $48,488^[3]

#Migration

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

Net migration: -4,023^[5]
Moved in: 36,567
Moved out: 40,590

Schools

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

Public schools: 14
Elementary: 10
Middle: 1
High: 3

Orchard Gardens K-8 School
Elementary · Grades PK–8 · Boston
672 students
Dearborn 6-12 STEM Academy
High · Grades 6–12 · Boston
553 students
Hernandez K-8 School
Elementary · Grades PK–8 · Boston
407 students
Ellis Elementary School
Elementary · Grades PK–6 · Boston
340 students
Bridge Boston Charter School
Elementary · Grades PK–8 · Bridge Boston Charter School (District)
334 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 yield6.8%

Net yield (after ~40% expenses)4.1%

Annual rent$44,310

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$3,318

Loan principal$524,918

Down payment$131,229

Total interest paid$669,504

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 ratio1.12

Monthly cost to own$4,133

Monthly rent$3,693

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: 6th percentile^[1]
Rental yield: 99th percentile^[2]
Property tax: 2nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for highest rental yield in MAView list →

Frequently asked

How much is a home worth in ZIP code 02119?: The typical home in 02119 is worth $656,147, based on the Zillow Home Value Index.
Are home values rising in 02119?: Home values in 02119 are down 0.7% over the past year, and up 2.3% a year over five years.
What is the typical rent in 02119?: A typical home in 02119 rents for about $3,693 a month, a gross rental yield of 6.8%.
What is the property tax rate in 02119?: The effective property tax rate in 02119 is 0.5% — roughly $3,243 a year on a typical home.
Who lives in 02119?: ZIP code 02119 has a population of 27,377 and a median household income of $48,488.

#Comparable ZIPs

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

03833 vs 02119 →
Exeter CDP, NH
Typical home
$655,708
Gross yield
4.3%
01879 vs 02119 →
MA
Typical home
$656,907
Gross yield
—
02136
Boston, MA
Typical home
$657,044
Gross yield
4.9%
03811
NH
Typical home
$655,003
Gross yield
—
03036
Derry CDP, NH
Typical home
$654,916
Gross yield
—
02125
Boston, MA
Typical home
$660,738
Gross yield
6.2%

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Pit ZIP 02119 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MA02119

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