Real Estate Investing in Marion, Massachusetts (02738)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02738 (Marion, 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: 17.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 30.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Marion, MA (02738)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02738 Marion
ZIP 02738 inside Plymouth County looks affordable on the surface — median value of $844K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $844K asset, 02738 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 02738 sits on the difficult end of the MA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
A impressive renter share of 17% in 02738 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
tilts 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 Marion:
Property Strategy for 02738
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $538,922 | $2,560 | 3.4% | +8.5% | $269,461 |
| 3BR | $696,230 | $3,080 | 3.2% | +8.3% | $232,077 |
| 4BR | $953,380 | $3,390 | 2.6% | +8.9% | $238,345 |
| 5BR | $1,535,726 | — | — | +9.5% | $307,145 |
Market Trends
Home Value History (with trend line)
📊 How Does 02738 Compare?
| Metric | 02738 | Marion | Massachusetts |
|---|---|---|---|
| Home Value | $843,806 | $843,806 | $645,115 |
| 5-Year CAGR | 6.4% | 6.4% | 7.0% |
| Avg Rent | $2,304 | $2,304 | - |
| Cap Rate | 2.1% | 2.1% | - |
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 02738 (Marion, 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 | $843,806 |
| Monthly Rent | $2,304 |
| Price-to-Rent | 30.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.1%). 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 02738
Population: 5,312
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 02738
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 627 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How should investors approach Marion, MA?
In Marion, MA the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $844K prices and $2,304/mo rents suits that approach.
What is the renter demographic in Marion, MA?
Tenant quality in Marion, MA ranks as solid. Landlords generally report stable occupancy at market rents of $2,304/mo.
Is housing expensive in Marion, MA?
Marion, MA home values average about $844K. That price point suits investors targeting rentals with $2,304/mo in monthly income.
How landlord-friendly is Marion, MA?
The landlord environment in Marion, MA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
What is the average monthly rent in Marion, MA?
Rent in Marion, MA is around $2,304/mo. The resulting rent-to-value relationship with $844K pricing is reasonable for most investor models.
You know 02738 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 02738 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 02738 ranks in Boston-Cambridge-Newton, MA-NH
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