02633, Chatham, MA

The 2633 zip code of Chatham, MA has a median home value of $269,000 and a median home equity of $141,000. This is higher than the statewide median home value of $174,500 and the national median home equity of $142,200. The 2633 zip code also has a lower than average homeownership rate at 54%, which is lower than the statewide homeownership rate of 60% and the national homeownership rate of 63%.

There are several factors that may contribute to the high home values in the 2633 zip code of Chatham. First, this area is located in one of Boston's wealthier neighborhoods. Second, there is a high demand for housing in this area due to its proximity to many amenities and businesses. Third, there are relatively few homes for sale in this zip code compared to other areas in Massachusetts. Finally, Chatham residents have been able to leverage their home equity over time by taking out mortgages or investing in property stocks or bonds.