Real Estate Investing in Randolph, Massachusetts (02368)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02368 (Randolph, 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 Randolph, MA (02368)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02368 Randolph
The 02368 ZIP covers a section of Randolph that demands careful diligence. Prices near $600K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 02368 can be a a viable market for hunting ground — but the discount at $600K reflects genuine risk that outside investors often underestimate.
In the broader MA picture, 02368 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 02368 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 02368 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Randolph:
Property Strategy for 02368
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $249,005 | $2,430 | 7.0% | +6.4% | $249,005 |
| 2BR | $457,929 | $2,880 | 4.5% | +7.0% | $228,965 |
| 3BR | $570,909 | $3,450 | 4.4% | +6.6% | $190,303 |
| 4BR | $666,629 | $3,810 | 4.1% | +6.5% | $166,657 |
| 5BR | $703,732 | — | — | +6.6% | $140,746 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02368 Compare?
| Metric | 02368 | Randolph | Massachusetts |
|---|---|---|---|
| Home Value | $599,968 | $599,968 | $645,115 |
| 5-Year CAGR | 5.0% | 5.0% | 7.0% |
| Avg Rent | $2,633 | $2,633 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 02368 (Randolph, 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 | $599,968 |
| Monthly Rent | $2,633 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 02368
Population: 34,736
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 02368
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 657 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Randolph, MA?
Average rent in Randolph, MA is approximately $2,633/mo per month. Against $600K home values that yields a reasonable rent-to-price ratio.
Is it easy to find good tenants in Randolph, MA?
Tenant demand in Randolph, MA is solid. The local workforce $2,633/mo rents across most rental classes.
How expensive is real estate in Randolph, MA?
Median home price in Randolph, MA is near $600K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Is Randolph, MA landlord-friendly?
MA law tenant-protective for landlords, and Randolph inherits those rules. Investors should still review local ordinances for rental licensing.
Which investment style suits Randolph, MA?
Investors usually favor careful cash-flow rentals with hands-on management in Randolph, MA. With home values at $600K and rents near $2,633/mo, other strategies can work but produce even-keeled rather than outsized returns.
You know 02368 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02368 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 02368 ranks in Boston-Cambridge-Newton, MA-NH
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