USA.com / Massachusetts / Middlesex County / Newton Highlands, MA / 02461 / Housing

02461 Zip Code Housing

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As of 2010-2014, median price of a house in 02461 Zip Code is $726,100, which is much higher than the state average of $329,900 and is much higher than the national average of $175,700. The 02461 Zip Code median house value has grown by 74.33% since 2000. The growth rate for the price of a house in 02461 Zip Code is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in 02461 Zip Code was built is 1941, which is older than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,950 Owner Occupied Houses in 02461 Zip Code, see rank

02461 Zip Code	726,100 USD
Massachusetts	329,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

02461 Zip Code	74.33%
Massachusetts	77.65%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	02461 Zip Code	Massachusetts	U.S.
Total Housing Units	2,797, see rank, 100%	2,816,875	132,741,033
Occupied Housing Units	2,678, 95.75%, see rank	90.12%	87.55%
Owner Occupied	1,950, 69.72%, see rank	56.12%	56.34%
Renter Occupied	728, 26.03%, see rank	33.99%	31.21%
Vacant Housing Units	119, 4.25%, see rank	9.88%	12.45%
For Rent	39, 1.39%, see rank	1.67%	2.34%
For Sale Only	38, 1.36%, see rank	0.74%	1.20%
Rented or Sold, Not Occupied	29, 1.04%, see rank	0.77%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	4.29%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	13, 0.46%, see rank	2.40%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #439

02461 Zip Code	Massachusetts	U.S.
1941	1959	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	02461 Zip Code	%	Massachusetts	U.S.
Owner-Occupied Units	1,950	100%	1,580,938	74,787,460
With a Mortgage	1,179	60.46%, see rank	71.18%	65.58%
Without a Mortgage	771	39.54%, see rank	28.82%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

02461 Zip Code	3,202 USD
Massachusetts	2,095 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	02461 Zip Code	%	Massachusetts	U.S.
$299 or Less	0	0.00%, see rank	0.09%	0.20%
$300 to $499	0	0.00%, see rank	0.49%	1.59%
$500 to $699	0	0.00%, see rank	1.47%	5.01%
$700 to $999	10	0.85%, see rank	4.74%	14.32%
$1,000 to $1,499	69	5.85%, see rank	16.44%	27.90%
$1,500 to $1,999	82	6.96%, see rank	22.84%	20.35%
$2,000 to $2,999	372	31.55%, see rank	34.83%	19.52%
$3,000 or More	646	54.79%, see rank	19.10%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

02461 Zip Code	22.10% of the Total Income
Massachusetts	24.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	02461 Zip Code	%	Massachusetts	U.S.
10% or Less	99	8.40%, see rank	5.29%	5.86%
10% to 20%	379	32.15%, see rank	29.25%	31.95%
20% to 30%	459	38.93%, see rank	29.39%	27.64%
30% to 40%	101	8.57%, see rank	14.83%	13.74%
40% or More	141	11.96%, see rank	20.86%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

02461 Zip Code	1,001 USD
Massachusetts	707 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	02461 Zip Code	%	Massachusetts	U.S.
$199 or Less	0	0.00%, see rank	1.57%	7.76%
$200 to $299	0	0.00%, see rank	2.45%	14.70%
$300 to $499	21	2.72%, see rank	16.27%	34.63%
$500 to $699	78	10.12%, see rank	28.91%	21.16%
$700 or More	672	87.16%, see rank	50.80%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

02461 Zip Code	11.30% of the Total Income
Massachusetts	14.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	02461 Zip Code	%	Massachusetts	U.S.
10% or Less	345	44.75%, see rank	31.52%	40.19%
10% to 20%	222	28.79%, see rank	31.52%	31.47%
20% to 30%	93	12.06%, see rank	14.65%	12.24%
30% to 40%	63	8.17%, see rank	7.86%	5.64%
40% or More	40	5.19%, see rank	13.41%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	02461 Zip Code	Massachusetts	U.S.
Total Housing Units	2,797, 100%	2,816,875	132,741,033
1-unit, Detached	1,835, 65.61%, see rank	52.24%	61.65%
1-unit, Attached	134, 4.79%, see rank	5.19%	5.82%
2 Units	454, 16.23%, see rank	10.16%	3.75%
3 or 4 Units	66, 2.36%, see rank	10.94%	4.43%
5 to 9 Units	59, 2.11%, see rank	5.95%	4.78%
10 or More Units	249, 8.90%, see rank	14.65%	13.08%
Mobile Home, Boat, RV, Van, etc.	0, 0.00%, see rank	0.87%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	02461 Zip Code	Massachusetts	U.S.
Total Housing Units	2,797, 100%	2,816,875	132,741,033
1 Room	0, 0.00%, see rank	2.33%	1.95%
2 Rooms	68, 2.43%, see rank	3.02%	2.48%
3 Rooms	90, 3.22%, see rank	10.03%	9.13%
4 Rooms	324, 11.58%, see rank	15.77%	16.60%
5 Rooms	352, 12.58%, see rank	18.26%	20.41%
6 Rooms	396, 14.16%, see rank	17.63%	18.06%
7 Rooms	426, 15.23%, see rank	12.23%	12.27%
8 Rooms	383, 13.69%, see rank	9.28%	8.48%
9 Rooms or More	758, 27.10%, see rank	11.45%	10.60%
Median Rooms	6.90, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	02461 Zip Code	Massachusetts	U.S.
Total Housing Units	2,797, 100%	2,816,875	132,741,033
No Bedroom	11, 0.39%, see rank	2.56%	2.17%
1 Bedroom	189, 6.76%, see rank	14.08%	11.16%
2 Bedrooms	561, 20.06%, see rank	28.19%	26.69%
3 Bedrooms	1,068, 38.18%, see rank	34.72%	39.70%
4 Bedrooms	550, 19.66%, see rank	16.00%	16.05%
5 or More Bedrooms	418, 14.94%, see rank	4.45%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	02461 Zip Code	Massachusetts	U.S.
Total Housing Units	2,678, 100%	2,538,485	116,211,092
Utility Gas	1,770, 66.09%, see rank	49.70%	48.85%
Bottled, Tank, or LP Gas	8, 0.30%, see rank	2.86%	4.86%
Electricity	229, 8.55%, see rank	14.23%	36.68%
Fuel Oil, Kerosene, etc.	662, 24.72%, see rank	30.36%	5.86%
Coal or Coke	0, 0.00%, see rank	0.13%	0.12%
Wood	9, 0.34%, see rank	1.69%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.65%	0.47%
No Fuel Used	0, 0.00%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	02461 Zip Code	Massachusetts	U.S.
Occupied Units Paying Rent	722, 100%	924,809	39,201,928
$199 or Less	0, 0.00%, see rank	2.07%	1.50%
$200 to $299	7, 0.97%, see rank	5.74%	3.18%
$300 to $499	9, 1.25%, see rank	7.69%	7.37%
$500 to $699	9, 1.25%, see rank	8.07%	16.01%
$700 to $999	58, 8.03%, see rank	20.08%	29.17%
$1,000 to $1,499	135, 18.70%, see rank	31.42%	26.88%
$1,500 to $1,999	188, 26.04%, see rank	15.67%	9.79%
$2,000 or More	316, 43.77%, see rank	9.27%	6.10%
Median	$1,880, see rank	$1,088	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	02461 Zip Code	Massachusetts	U.S.
Occupied Housing Units	2,678, 100%	2,538,485	116,211,092
No Vehicles Available	133, 4.97%, see rank	12.57%	9.12%
1 Vehicles Available	959, 35.81%, see rank	36.07%	33.80%
2 Vehicles Available	1,305, 48.73%, see rank	36.51%	37.48%
3 or More Vehicles Available	281, 10.49%, see rank	14.84%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.