Welcome to our 1702 real estate data hub, tailored for investors in Framingham, MA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 1702 in Framingham, MA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MIDDLESEX COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Framingham, MA real estate investing. Uncover the wealth of information available, and position yourself for success in the Framingham property market.
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Location Overview
- Zip Code: 1702
- City: Framingham
- State: MA
- Metro Area: Boston-Cambridge-Newton, MA-NH
- County Name: MIDDLESEX COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $479,392
- Average Home Price (Single Family Homes): $569,782
- Average Monthly Rental Price (All Types): $2,156
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: -0.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,430
- Average 3 Bedroom Section 8 Rental Rates: $2,960
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.44
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.5
- Number of Units Offered in Section 8 in the County: 13562
- Number of Occupied Units in Section 8 in the County: 13052
- Percentage of Section 8 Units Occupied in the County: 96.19999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 216.53
- Total % Appreciation since 2000 (Government Data): 126.18
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.93%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.22%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 20.52%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.48%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 80.31%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 112.08%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 124.87%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -2.15%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.35%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
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