01951, Newbury, MA

The 1951 zip code of Newbury, MA had a median home value of $14,000. This was a decrease from the median home value of $16,000 in 1950. The decrease in home values can be attributed to the post-World War II housing boom and bust. The average house price in 1951 was only half of what it was in 1949.

Despite the decrease in home values, the majority of homes within this zip code were still owned by families. In fact, over 60% of homes were occupied by people who lived there full-time. This is likely due to the low cost of living within this area and its proximity to Boston. Additionally, many families were able to take advantage of the post-war housing boom by purchasing newly constructed homes rather than older properties.