Housing Insights for ZIP Code 02026 (Dedham, MA)

Housing Summary for ZIP Code 02026

Homeowners

The median home value in ZIP Code 02026 (Dedham, MA) is $460,900. Approximately 72.1% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.9%.

The average occupancy of owner-occupied units in ZIP Code 02026 is 2.57 occupants, while owner-occupied units have an aggregate average size of 2.79 bedrooms per housing unit.

Renters

In the 02026 ZIP Code, an estimated 27.9% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 9.1%.

Among renter-occupied units in this ZIP, the average occupancy is 2.04 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 02026

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 02026.

ZIP 02026 Massachusetts U.S.
Median Home Value $460,900 $656,427 $364,385
Owner-Occupied Housing Units 72.1% 62.4% 64.0%
Homeowner Vacancy Rate 0.9% 1.0% 1.6%
Average Size of Owner-Occupied Unit 2.57 2.69 2.70
Average # of Bedrooms Per Unit 2.79 2.66 2.75
Median Housing Rent $0 $1,282 $1,062
Renter-Occupied Housing Units 27.9% 37.6% 36.0%
Rental Vacancy Rate 9.1% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.04 2.25 2.49
Percent of Income Spent on Rent 0% 29.76% 29.83%

Home Values in ZIP Code 02026 (Dedham, MA)

The median home value in ZIP Code 02026 is $460,900. That median value is about 21% higher than the median home value of $381,600 in Massachusetts overall, and is 112% higher than the $217,500 the median home value in the entire U.S. Approximately 48.1% of homes in ZIP Code 02026 are valued $300,000 to $499,999. That is 34% higher than in the state of Massachusetts, in which 35.9% of homes are valued at $300,000 to $499,999, and is about 149% 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 02026 homes fall into is $50,000 to $99,999 (0.1% of homes).

Home Values in ZIP Code 02026

This chart visualizes the breakdown of home values in ZIP Code 02026, Massachusetts, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 02026 vs. home values in both the state of Massachusetts and in the U.S. overall.

Home Values in ZIP Code 02026

See the table below for a regional comparison of home values in ZIP Code 02026.

Home Value ZIP 02026 Massachusetts U.S.
Less than $50,000 2.4% 1.5% 6.9%
$50,000 to $99,999 0.1% 1.4% 12.0%
$100,000 to $149,999 0.5% 3.4% 13.3%
$150,000 to $199,999 0.8% 7.2% 14.0%
$200,000 to $299,999 7.8% 19.5% 19.6%
$300,000 to $499,999 48.1% 35.9% 19.3%
$500,000 to $999,999 36.3% 25.4% 11.4%
$1,000,000 or more 4.1% 5.8% 3.4%

Home Ages in ZIP Code 02026 (Dedham, MA)

Approximately 32.3% of homes in this Dedham, MA region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 02026 is about 1% lower than percentage of homes built in this time period in Massachusetts overall (32.5% of homes), and is 156% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 19.5% of local homes were built in 1950 to 1959. On the other end of the scale, just 1.0% of homes in this Norfolk County ZIP Code were built in 2014 or later in ZIP Code 02026. In comparison, 1.6% of homes in Massachusetts overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 02026

A detailed regional comparison of home ages in ZIP Code 02026.

Year Built ZIP 02026 Massachusetts U.S.
2014 or later 1.0% 1.6% 2.5%
2010 to 2013 2.4% 1.7% 2.7%
2000 to 2009 11.5% 7.1% 14.0%
1990 to 1999 3.9% 7.7% 13.9%
1980 to 1989 5.1% 10.8% 13.4%
1970 to 1979 5.9% 11.6% 15.2%
1960 to 1969 12.0% 10.2% 10.6%
1950 to 1959 19.5% 11.3% 10.3%
1940 to 1949 6.3% 5.5% 4.9%
1939 or earlier 32.3% 32.5% 12.6%

Age of Homes in ZIP Code 02026

See the chart below for details on the age of homes in ZIP Code 02026, 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 02026

Frequently asked questions about housing in this Dedham, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 02026.

1

What is the average home value ZIP Code 02026?

The median home value in ZIP Code 02026 (Dedham, MA) is $460,900.
2

Are homes expensive in ZIP Code 02026?

The median home value in 02026 ($460,900) is an estimated 21% higher than the aggregate median value of $381,600 in Massachusetts, and is 112% 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 02026?

The vacacy rate for owner-occupied housing in ZIP Code 02026 is 0.9%. This rate is 10% lower than the overall Massachusetts owner-occupied vacancy rate of 1.0%. Additionally, the 02026 vacancy rate is 44% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 02026 have older homes or newer construction?

In ZIP Code 02026, about 32.3% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 19.5% of homes in the region were built in 1950 to 1959. In contrast, 1.0% of homes in 02026 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 02026? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 02026 than renter-occupied housing. Owner-occupied units make up 72.1% of housing, compared to 27.9% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 02026?

The vacacy rate for rental units in ZIP Code 02026 is 9.1%. This rate is 153% higher than the overall Massachusetts vacancy rate of 3.6%. Additionally, the 02026 vacancy rate is 52% higher than the entire U.S. vacancy rate of 6.0%.