ZIP Code 02744 Housing Market
ZIP code 02744 is located in Bristol County, Massachusetts. Based on the FHFA House Price Index, the most recent annual HPI value is 352.7 (2000 = 100) , with a year-over-year change of -0.33% as of 2025.
📈 02744 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
📝 Local Market Notes
The housing market in ZIP code 02744, located within Bristol County, Massachusetts, exhibits a distinct pattern of recent stabilization following a period of aggressive appreciation. From 2021 to 2024, the Home Price Index (HPI) surged from 240.92 to 353.84, reflecting a cumulative increase of approximately 47%. However, the latest data for 2025 indicates a slight contraction, with the HPI settling at 352.69. This results in a year-over-year decline of 0.33%, marking a clear deceleration in price momentum after three consecutive years of double-digit or near-double-digit gains. This performance diverges significantly from broader regional trends. While Bristol County recorded a 4.09% year-over-year increase and the state of Massachusetts saw a 3.63% rise, ZIP 02744 experienced a marginal correction. This negative divergence suggests that the specific sub-market has potentially reached a local price ceiling or is undergoing a brief adjustment phase, contrasting with the sustained growth observed in neighboring areas such as ZIP 02746, which posted a 29.84% increase. The disparity indicates that 02744’s market dynamics are currently decoupling from the general upward pressure affecting the wider county. In terms of market character, the ZIP’s HPI of 352.7 places it above the 2000 baseline, signaling a premium valuation relative to its historical norms. The parent county’s median home value of $451,200 and median household income of $85,625 suggest a middle-to-upper-middle-class demographic with strong owner-occupancy rates at 62.3%. For prospective buyers, the current environment presents a potential entry point, as prices have flattened while the broader region continues to appreciate. Residents should note that the 7.40% national mortgage rate remains a significant barrier to affordability, though the local price stabilization may offer a more manageable path to homeownership compared to the rapidly escalating costs in adjacent ZIP codes.
About This ZIP Code
ZIP code 02744 is one of the most active real estate sub-markets in Bristol County, Massachusetts. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Bristol County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Bristol County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 02746 | 408.0 | +29.84% | 2025 |
| 02725 | 344.2 | +8.22% | 2025 |
| 02723 | 297.9 | +5.14% | 2025 |
| 02726 | 307.5 | +6.32% | 2025 |
| 02748 | 328.2 | +9.92% | 2025 |
| 02720 | 300.0 | +8.80% | 2025 |
| 02719 | 350.8 | +6.91% | 2025 |
| 02790 | 314.6 | +9.83% | 2025 |
| 02715 | 291.7 | +12.56% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.