How much is a home worth in ZIP code 02128?

The typical home in 02128 is worth $669,214, based on the Zillow Home Value Index.

Are home values rising in 02128?

Home values in 02128 are up 0.2% over the past year, and up 2.5% a year over five years.

What is the typical rent in 02128?

A typical home in 02128 rents for about $3,120 a month, a gross rental yield of 5.6%.

What is the property tax rate in 02128?

The effective property tax rate in 02128 is 0.6% — roughly $4,245 a year on a typical home.

ZIP code 02128 has a population of 43,345 and a median household income of $90,106.

HousingHandbookReference data

…

U.S. ZIP Code · MA02128

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

Typical home value

$669,214^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.2%
5-year / yr: +2.5%
10-year / yr: +5.3%

Relative price

vs U.S.: +135.6%
vs metro: -7.8%
vs state: +9.4%

Price history

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

The typical home in 02128 is worth $669,214 — 7.8% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 0.2%. Homes here rent for a typical $3,120 a month — a 5.6% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $3,120^[2]
Gross yield: 5.6%^[2]
Cap rate: 3.4%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $4,245^[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: 43,345^[3]
Median household income: $90,106^[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: 12
Elementary: 10
Middle: 0
High: 2

Excel Academy Charter School
High · Grades 5–12 · Excel Academy Charter (District)
1,363 students
East Boston High School
High · Grades 7–12 · Boston
1,293 students
McKay K-8 School
Elementary · Grades PK–8 · Boston
670 students
Mario Umana Academy
Elementary · Grades PK–8 · Boston
632 students
Otis Elementary School
Elementary · Grades PK–6 · Boston
402 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 yield5.6%

Net yield (after ~40% expenses)3.4%

Annual rent$37,435

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$3,384

Loan principal$535,371

Down payment$133,843

Total interest paid$682,836

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 ratio1.38

Monthly cost to own$4,293

Monthly rent$3,120

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: 7th percentile^[1]
Rental yield: 91st percentile^[2]
Property tax: 6th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 02128?: The typical home in 02128 is worth $669,214, based on the Zillow Home Value Index.
Are home values rising in 02128?: Home values in 02128 are up 0.2% over the past year, and up 2.5% a year over five years.
What is the typical rent in 02128?: A typical home in 02128 rents for about $3,120 a month, a gross rental yield of 5.6%.
What is the property tax rate in 02128?: The effective property tax rate in 02128 is 0.6% — roughly $4,245 a year on a typical home.
Who lives in 02128?: ZIP code 02128 has a population of 43,345 and a median household income of $90,106.

#Comparable ZIPs

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

02359 vs 02128 →
North Pembroke CDP, MA
Typical home
$665,983
Gross yield
5.6%
02367 vs 02128 →
MA
Typical home
$672,568
Gross yield
—
01721
MA
Typical home
$673,893
Gross yield
4.8%
02122
Boston, MA
Typical home
$673,928
Gross yield
5.5%
01860
MA
Typical home
$662,818
Gross yield
—
03874
Seabrook Beach CDP, NH
Typical home
$661,350
Gross yield
—

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#Jump to section

U.S. ZIP Code · MA02128

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