ZIP Code 01908 Housing Market
ZIP code 01908 is located in Essex County, Massachusetts. Based on the FHFA House Price Index, the most recent annual HPI value is 316.0 (2000 = 100) , with a year-over-year change of +9.43% as of 2025.
📈 01908 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
📝 Local Market Notes
ZIP code 01908 in Essex County, Massachusetts, has shown a pronounced upward price trajectory over the past five years. The FHFA House Price Index rose from 218.03 in 2021 to 258.95 in 2022, then to 305.18 in 2023, dipped slightly to 288.78 in 2024, and reached 316.01 in 2025. This pattern reflects a cumulative increase of roughly 45 % since 2021, with the most recent year‑over‑year gain of +9.43 % outpacing both the county (+4.84 %) and the state (+3.63 %). The divergence indicates that 01908 is experiencing stronger demand or tighter supply relative to the broader Essex County and Massachusetts markets, signaling localized price pressure. Based on the county’s ACS 5‑year estimates—median home value of $619,100, median gross rent of $1,756 per month, median household income of $101,883, and an owner‑occupancy rate of 63.5%—ZIP
About This ZIP Code
ZIP code 01908 is one of the most active real estate sub-markets in Essex 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 Essex County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Essex County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 01938 | 271.2 | +4.06% | 2025 |
| 01984 | 249.5 | +13.71% | 2025 |
| 01841 | 416.5 | +4.30% | 2025 |
| 01950 | 339.3 | +10.78% | 2025 |
| 01832 | 308.3 | +9.75% | 2025 |
| 01843 | 368.4 | +3.77% | 2025 |
| 01902 | 355.6 | +4.52% | 2025 |
| 01913 | 293.9 | +9.95% | 2025 |
| 01951 | 306.7 | +8.25% | 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.