Real Estate Investing in Wareham, Massachusetts (02571)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02571 (Wareham, MA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 20.2% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wareham, MA (02571)?
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Market Analysis: 02571 Wareham
Investors eyeing 02571 need to respect the fundamentals at play. Home values of $483K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $483K asset, 02571 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 02571's metrics run below Plymouth County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
On the rental side, 10,538 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Wareham's stable or hybrid ZIPs before stepping into 02571. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Wareham:
Property Strategy for 02571
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $337,207 | $2,160 | 4.6% | +8.3% | $337,207 |
| 2BR | $396,938 | $2,560 | 4.6% | +7.8% | $198,469 |
| 3BR | $493,969 | $3,080 | 4.5% | +7.4% | $164,656 |
| 4BR | $566,921 | $3,390 | 4.3% | +7.7% | $141,730 |
| 5BR | $694,690 | — | — | +7.7% | $138,938 |
Market Trends
Home Value History (with trend line)
📊 How Does 02571 Compare?
| Metric | 02571 | Wareham | Massachusetts |
|---|---|---|---|
| Home Value | $482,664 | $487,551 | $645,115 |
| 5-Year CAGR | 5.3% | 5.4% | 7.0% |
| Avg Rent | $2,304 | $2,304 | - |
| Cap Rate | 3.7% | 3.7% | - |
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 02571 (Wareham, 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 | $482,664 |
| Monthly Rent | $2,304 |
| Price-to-Rent | 17.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (3.7%). 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 02571
Population: 10,538
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 02571
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 are rental rates like in Wareham, MA?
Average rent in Wareham, MA is approximately $2,304/mo per month. Against $483K home values that yields a reasonable rent-to-price ratio.
What kind of tenants rent in Wareham, MA?
Wareham, MA offers a consistent renter base at the $2,304/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the best play in Wareham, MA?
For Wareham, MA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Should investors consider Wareham, MA?
The 3.0/5 investability rating in Wareham, MA reflects its $483K prices and $2,304/mo rents. Investors generally consider it a solid option within MA.
How much should I expect to pay for a home in Wareham, MA?
Typical homes in Wareham, MA go for around $483K. The 5-year CAGR of 0.0% even-keeled price movement.
You know 02571 now. You don’t know where it ranks.
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How 02571 ranks in Boston-Cambridge-Newton, MA-NH
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