02191, North Weymouth, MA

The 2191 zip code of North Weymouth, MA has a median home value of $269,000 and a median home equity value of $153,000. The 2191 zip code is one of the most expensive zip codes in Massachusetts with a median home value above the state average. The high home values in the 2191 zip code may be due to its close proximity to Boston and its affluent population.

The homeownership rate in the 2191 zip code is 69%, which is lower than the statewide homeownership rate of 73%. This may be due to the higher cost of living in North Weymouth or because more people are renting instead of buying homes. There are also a lot of single-family homes in the 2191 zip code which may contribute to the lower homeownership rate.

Despite having a low homeownership rate, there are still a lot of families who live in homes in the 2191 zip code. The percentage of households that are family households is 46%, which is higher than the statewide percentage of 42%. This indicates that there are many families who own homes in this area.

There has been an increase in home prices over time in the 2191 zip code. Between 2000 and 2016, home prices increased by an averageof 8%. This was much fasterthanthe statewide increaseof 5%. This suggests that demand for housingin this area is high and that there is strong competition among buyers for available properties.