Real Estate Investing in Medway, Massachusetts (02053)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02053 (Medway, MA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Medway, MA (02053)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02053 Medway
Not every below-median market is a bargain. Medway's 02053 ZIP comes in at signals that favor experienced operators who can absorb the risk $731K pricing implies.
The 02053 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Medway have seen price recovery that 02053 has not matched. Norfolk County data supports the view that the spread is structural rather than temporary.
Demographically, 02053 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 02053 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Medway:
Property Strategy for 02053
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $496,450 | $2,560 | 3.7% | +7.1% | $248,225 |
| 3BR | $622,983 | $3,080 | 3.6% | +7.3% | $207,661 |
| 4BR | $821,964 | $3,390 | 3.0% | +7.4% | $205,491 |
| 5BR | $909,155 | — | — | +7.5% | $181,831 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02053 Compare?
| Metric | 02053 | Medway | Massachusetts |
|---|---|---|---|
| Home Value | $730,927 | $730,927 | $645,115 |
| 5-Year CAGR | 5.2% | 5.2% | 7.0% |
| Avg Rent | $3,099 | $3,099 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02053 (Medway, MA). Anonymous, moderated, never written by AI.
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Property managers serving Norfolk County
Manage rentals here? List your business →Old Colony Property Services is a condominium and HOA property management company serving the Old Colony area of Southeastern Massachusetts, including Canton, Easton, Brockton, and Bridgewater. summary from their website
Bellevue Property Management is a home rental and property management company servicing Boston Metrowest, including Newton, Needham, Wellesley, Weston, Wayland, Natick, and Holliston. summary from their website
The Triad Group is a real estate and development company specializing in taking development projects from vision to reality across the United States and globally. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $730,927 |
| Monthly Rent | $3,099 |
| Price-to-Rent | 19.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 02053
Population: 13,251
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 02053
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What kind of market is Medway, MA for investors?
With a 3.0/5 investability score, Medway, MA ranks as a solid market for rental property investors. Median prices of $731K and rents of $3,099/mo drive the underlying numbers.
What are rental rates like in Medway, MA?
Rent in Medway, MA is around $3,099/mo. The resulting rent-to-value relationship with $731K pricing is reasonable for most investor models.
Is Medway, MA suited for a house hack?
Medway, MA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $731K price point reasonable to enter.
Are homes affordable in Medway, MA?
In Medway, MA the median home value sits at $731K. Against the broader MA market, that reads as reasonable for most investors.
Do rentals sit vacant long in Medway, MA?
Medway, MA sees elevated vacancy, which is reasonable relative to the broader MA rental market.
You know 02053 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02053 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 02053 ranks in Boston-Cambridge-Newton, MA-NH
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