01860, Merrimac, MA

The 1860 zip code of Merrimac, MA, is located in the Boston metropolitan area. The median home value in this zip code was $123,000 in 2016. This is a decrease from the median home value of $128,000 in 2015. The average home price in this zip code has increased by 5% since 2015.

The main factors contributing to the decrease in home values are likely due to a lack of available inventory and increasing interest rates. There has been an increase in new construction activity within this zip code over the past few years, but it is not yet reaching levels that would significantly impact prices. Additionally, there have been reports of fraud and theft affecting homes within this area, which could also be contributing factors to decreased values.