Real Estate Investing in Bridgewater, Massachusetts (02324)
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Should you buy in 02324 (Bridgewater, MA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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 Bridgewater, MA (02324)?
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Market Analysis: 02324 Bridgewater
Investors eyeing 02324 need to respect the fundamentals at play. Home values of $646K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 02324 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 02324 among MA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A solid renter share of 26% in 02324 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 02324 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Bridgewater:
Property Strategy for 02324
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $226,362 | $2,030 | 6.5% | +8.5% | $226,362 |
| 2BR | $389,251 | $2,660 | 4.9% | +7.9% | $194,625 |
| 3BR | $605,714 | $3,330 | 4.0% | +7.2% | $201,905 |
| 4BR | $766,336 | $3,520 | 3.3% | +7.7% | $191,584 |
| 5BR | $763,814 | — | — | +7.4% | $152,763 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02324 Compare?
| Metric | 02324 | Bridgewater | Massachusetts |
|---|---|---|---|
| Home Value | $645,768 | $322,884 | $645,115 |
| 5-Year CAGR | 5.2% | 5.2% | 7.0% |
| Avg Rent | $2,912 | $2,912 | - |
| Cap Rate | 3.5% | 3.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 02324 (Bridgewater, MA). Anonymous, moderated, never written by AI.
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Property managers serving Plymouth County
Manage rentals here? List your business →Ahearn Realty Management is a management company for residential properties. summary from their website
KLV Property Management offers apartment living and commercial rentals south of Boston. summary from their website
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
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 | $645,768 |
| Monthly Rent | $2,912 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 02324
Population: 26,022
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 02324
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
Investor Insight: With 1,870 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Bridgewater, MA?
The 3.0/5 investability rating in Bridgewater, MA reflects its $646K prices and $2,912/mo rents. Investors generally consider it a solid option within MA.
Is Bridgewater, MA good for house hacking?
The house hack math a challenging in Bridgewater, MA. Owner-occupant buyers benefit from the $2,912/mo rents and $646K home values.
What type of investing works in Bridgewater, MA?
A careful cash-flow rentals with hands-on management strategy Bridgewater, MA best. The market produces reliable results for that approach at the $646K price point.
Is housing expensive in Bridgewater, MA?
Bridgewater, MA median home values land near $646K. That is reasonable territory for investors looking at $2,912/mo-per-month rentals.
How much do tenants pay in Bridgewater, MA?
Expect rents around $2,912/mo per month in Bridgewater, MA. With home values at $646K, the yield math works out to reasonable levels for rental investors.
You know 02324 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02324 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 02324 ranks in Boston-Cambridge-Newton, MA-NH
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