ZIP Code 02066 Housing Market

📝 Local Market Notes

ZIP code 02066 in Plymouth County, Massachusetts, exhibits a robust upward price trajectory over the past five years. The Home Price Index (HPI) has surged from 213.25 in 2021 to 307.87 in 2025, representing a cumulative appreciation of approximately 44.4%. This sustained growth indicates a consistent tightening of supply and strong demand within this specific geographic segment, distinct from broader regional fluctuations. Currently, the sub-market is diverging significantly from wider benchmarks. With a year-over-year increase of 11.08%, ZIP 02066 is outpacing the Plymouth County average of 4.37% and the Massachusetts state average of 3.63%. This pronounced divergence suggests localized factors are driving premium pricing, potentially due to specific amenities, school district quality, or limited inventory. While nearby ZIP 02576 shows even higher volatility at 21.29%, and ZIP 02045 aligns closer to the county norm at 4.57%, 02066 maintains a distinct position of accelerated growth. The sub-market character aligns with a high-end, owner-occupied segment. The parent county’s median home value of $556,000 and median household income of $114,201 provide a baseline for affluence, but the HPI level of 307.9 implies that 02066 likely commands prices above the county median. With a 77.6% owner occupancy rate in the county, the area favors long-term stability over rental turnover. For prospective buyers, the 11.08% annual appreciation rate combined with the current 7.40% mortgage rate creates a challenging entry point. The data indicates that buyers in 02066 are paying a significant premium for location-specific attributes, and the rapid price escalation suggests that inventory turnover is likely low, requiring immediate action for competitive offers.

Based on FHFA House Price Index data.