Housing Insights for ZIP Code 02019 (Bellingham, MA)

Housing Summary for ZIP Code 02019

Homeowners

The median home value in ZIP Code 02019 (Bellingham, MA) is $316,200. Approximately 81.8% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 02019 is 2.72 occupants, while owner-occupied units have an aggregate average size of 2.85 bedrooms per housing unit.

Renters

In the 02019 ZIP Code, an estimated 18.2% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.3%.

Among renter-occupied units in this ZIP, the average occupancy is 2.15 occupants, while renters in this Norfolk County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 02019

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 02019.

ZIP 02019 Massachusetts U.S.
Median Home Value $316,200 $656,427 $364,385
Owner-Occupied Housing Units 81.8% 62.4% 64.0%
Homeowner Vacancy Rate 0.0% 1.0% 1.6%
Average Size of Owner-Occupied Unit 2.72 2.69 2.70
Average # of Bedrooms Per Unit 2.85 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 18.2% 37.6% 36.0%
Rental Vacancy Rate 7.3% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.15 2.25 2.49
Percent of Income Spent on Rent 0% 29.76% 29.83%

Home Values in ZIP Code 02019 (Bellingham, MA)

The median home value in ZIP Code 02019 is $316,200. That median value is about 17% lower than the median home value of $381,600 in Massachusetts overall, and is 45% higher than the $217,500 the median home value in the entire U.S. Approximately 43.2% of homes in ZIP Code 02019 are valued $300,000 to $499,999. That is 20% higher than in the state of Massachusetts, in which 35.9% of homes are valued at $300,000 to $499,999, and is about 124% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 02019 homes fall into is $50,000 to $99,999 (0.3% of homes).

Home Values in ZIP Code 02019

This chart visualizes the breakdown of home values in ZIP Code 02019, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 02019 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 02019

See the table below for a regional comparison of home values in ZIP Code 02019.

Home Value ZIP 02019 Massachusetts U.S.
Less than $50,000 0.4% 1.5% 6.9%
$50,000 to $99,999 0.3% 1.4% 12.0%
$100,000 to $149,999 0.4% 3.4% 13.3%
$150,000 to $199,999 3.9% 7.2% 14.0%
$200,000 to $299,999 39.7% 19.5% 19.6%
$300,000 to $499,999 43.2% 35.9% 19.3%
$500,000 to $999,999 10.2% 25.4% 11.4%
$1,000,000 or more 2.1% 5.8% 3.4%

Home Ages in ZIP Code 02019 (Bellingham, MA)

Approximately 20.6% of homes in this Bellingham, MA region were built in 1960 to 1969. This amount of homes built in 1960 to 1969 in ZIP Code 02019 is about 102% higher than percentage of homes built in this time period in Massachusetts overall (10.2% of homes), and is 94% higher the percentage (10.6% of homes) in the U.S. as a whole. Additionally, an esimated 14.1% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.5% of homes in this Norfolk County ZIP Code were built in 2010 to 2013 in ZIP Code 02019. In comparison, 1.7% of homes in Massachusetts overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 02019

A detailed regional comparison of home ages in ZIP Code 02019.

Year Built ZIP 02019 Massachusetts U.S.
2014 or later 0.7% 1.6% 2.5%
2010 to 2013 0.5% 1.7% 2.7%
2000 to 2009 11.3% 7.1% 14.0%
1990 to 1999 10.2% 7.7% 13.9%
1980 to 1989 11.5% 10.8% 13.4%
1970 to 1979 14.1% 11.6% 15.2%
1960 to 1969 20.6% 10.2% 10.6%
1950 to 1959 11.7% 11.3% 10.3%
1940 to 1949 6.2% 5.5% 4.9%
1939 or earlier 13.3% 32.5% 12.6%

Age of Homes in ZIP Code 02019

See the chart below for details on the age of homes in ZIP Code 02019, Massachusetts, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 02019

Frequently asked questions about housing in this Bellingham, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 02019.

1

What is the average home value ZIP Code 02019?

The median home value in ZIP Code 02019 (Bellingham, MA) is $316,200.
2

Are homes expensive in ZIP Code 02019?

The median home value in 02019 ($316,200) is an estimated 17% lower than the aggregate median value of $381,600 in Massachusetts, and is 45% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 02019?

The vacacy rate for owner-occupied housing in ZIP Code 02019 is 0.0%. This rate is 100% lower than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 02019 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 02019 have older homes or newer construction?

In ZIP Code 02019, about 20.6% of homes were built in 1960 to 1969. That time range includes the most home construction. Also, 14.1% of homes in the region were built in 1970 to 1979. In contrast, 0.5% of homes in 02019 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 02019? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 02019 than renter-occupied housing. Owner-occupied units make up 81.8% of housing, compared to 18.2% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 02019?

The vacacy rate for rental units in ZIP Code 02019 is 7.3%. This rate is 103% higher than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 02019 vacancy rate is 22% higher than the entire U.S. vacancy rate of 6.0%.