ZIP Code 02539 Housing Market

📝 Local Market Notes

ZIP code 02539 in Dukes County, Massachusetts, has exhibited a steep upward price trajectory over the past five years. The FHFA House Price Index (HPI) rose from 242.14 in 2019 to 255.87 in 2020, 273.91 in 2021, and jumped to 335.07 in 2022 before reaching 365.95 in 2024. This represents a cumulative increase of roughly 51 % since 2019, with the most pronounced acceleration occurring between 2021 and 2022 (+22.3 %). In the most recent year, ZIP 02539’s year‑over‑year HPI growth of +9.22 % outpaced both the county’s +8.31 % and the state’s +3.63 % changes. The positive divergence signals that local demand or supply constraints in this ZIP are stronger than the broader Dukes County and Massachusetts averages, reinforcing its relative outperformance within the region. According to the county’s ACS 5‑year estimates, the median home value is $1,165,800, median gross rent is $1,277 per month, median household income is $125,786, and owner‑occupancy stands at 82.1 %. Combined with a ZIP‑level HPI of 365.9 (well above the national baseline of 100), these figures characterize 02539 as a high‑value, owner‑occupied sub‑market catering to affluent buyers rather than entry‑level or renter‑heavy segments. For a prospective buyer or resident, the key takeaway is that ZIP 02539 currently commands premium prices that have risen faster than surrounding areas, reflecting a tight, high‑end housing environment supported by strong local incomes and high ownership rates. Any decision should weigh these elevated costs against the area’s income levels and limited rental inventory.

Based on FHFA House Price Index data.