01702, Framingham, MA

Framingham is a city in Middlesex County, Massachusetts, United States. As of the 2010 census, the city had a population of 84,521. Framingham was first settled in 1634 as part of the town of Natick and was officially incorporated on February 2, 1702. The city has a rich history and is known for its furniture production and its annual Strawberry Festival.

The home equity and home prices in the 1702 zip code of Framingham are reflective of the overall trends in this area. Over the past five years (2009-2013), home values have increased by an average of 7%. This increase has been largely due to strong demand from both buyers and sellers alike; there has been very little inventory available to purchase or lease during this time period. In addition, interest rates have remained relatively low throughout this time period which has helped to drive up prices even further.

As you can see from the graph below, there is a clear trend towards increasing home values over time in this particular zip code. This trend is likely to continue for at least another five years or so; however, it's important to keep in mind that market conditions can change rapidly so it's always best to consult with a real estate agent if you're interested in purchasing or leasing a property within this zip code.