02052, Medfield, MA

Medfield, MA is a zip code located in Middlesex County. According to the 2010 census, the population of Medfield was 24,868. The median household income in Medfield was $101,929, and the median family income was $122,906. In 2052, the home equity and home prices in Medfield are projected to be $269,900 and $368,000 respectively.

The average home value in Medfield increased by 9% from 2010 to 2016. The average home value in Medfield is projected to increase by an additional 10% from 2016 to 2052. This growth is due primarily to increasing demand for housing within the Boston metropolitan area as well as continued appreciation of homes within the Medfield zip code.

Home equity is important because it provides homeowners with a buffer against economic fluctuations and allows them to use their homes as collateral for loans or other financial investments. Home equity also provides homeowners with an opportunity to use their home as a source of retirement income or other long-term financial security. Home prices are important because they reflect the market value of a property relative to its outstanding mortgage debt and other liabilities associated with it.