Real Estate Investing in Barnstable, Massachusetts (02648)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02648 (Barnstable, 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: 13.1% 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 Barnstable, MA (02648)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02648 Barnstable
On the rental side, ZIP 02648 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $698K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $698K asset, 02648 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Barnstable have seen price recovery that 02648 has not matched. Barnstable County data supports the view that the spread is structural rather than temporary.
Who lives in 02648 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Barnstable:
Property Strategy for 02648
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $543,468 | $2,830 | 3.7% | +9.5% | $271,734 |
| 3BR | $666,727 | $3,490 | 3.8% | +9.6% | $222,242 |
| 4BR | $839,555 | $4,000 | 3.4% | +9.7% | $209,889 |
| 5BR | $1,165,060 | — | — | +9.4% | $233,012 |
Market Trends
Home Value History (with trend line)
📊 How Does 02648 Compare?
| Metric | 02648 | Barnstable | Barnstable Town, MA | Massachusetts |
|---|---|---|---|---|
| Home Value | $698,460 | $827,661 | N/A | $645,115 |
| 5-Year CAGR | 6.4% | 5.9% | N/A | 7.0% |
| Avg Rent | $2,547 | $2,672 | N/A | - |
| Cap Rate | 2.8% | 2.7% | - | - |
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 02648 (Barnstable, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $698,460 |
| Monthly Rent | $2,547 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (2.8%). 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 02648
Population: 7,592
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 02648
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 592 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in Barnstable, MA?
Barnstable, MA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $2,547/mo.
How much do tenants pay in Barnstable, MA?
Rent in Barnstable, MA is around $2,547/mo. The resulting rent-to-value relationship with $698K pricing is reasonable for most investor models.
How expensive is real estate in Barnstable, MA?
Median home price in Barnstable, MA is near $698K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
What approach is best for Barnstable, MA real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Barnstable, MA. The numbers - $698K homes against $2,547/mo rents - support that play.
Is Barnstable, MA a good market for buy-and-hold investors?
Our data puts Barnstable, MA at 3.0/5 for investability. Home prices of $698K and rents around $2,547/mo create a solid backdrop for investor activity.
You know 02648 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02648 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 02648 ranks in Barnstable Town, MA
Every ZIP in this metro, ranked. Free.
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