02322, Avon, MA

The 2322 zip code of Avon, MA has a median home value of $225,000 and a median home equity value of $141,000. This means that the majority of homes in this zip code are worth more than their original purchase price, but there are also a significant number of homes that are worth less than their original purchase price.

In terms of home prices, the 2322 zip code is relatively stable when compared to other areas in Massachusetts. Over the past five years, the median home value has increased by 2%, while the statewide average increase has been 5%. However, when looking at specific neighborhoods within the 2322 zip code, there can be significant variation in prices. For example, while some neighborhoods have seen modest increases in home values over the past five years (e.g., around 1% to 2%), others have seen much larger increases (e.g., 10% to 15%).

One reason for this variability is likely due to local market conditions – for example, if there is an increase in demand for housing or if new development projects are underway nearby. Additionally, it is important to consider factors such as location (e.g., close to amenities or schools), size and condition of the property (e.g., updated/new features), and potential upgrades/modifications that may be available on certain properties (e.g., adding a second story).