Real Estate Investing in Norton, Massachusetts (02766)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 02766 (Norton, 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 Norton, MA (02766)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 02766 Norton
On balance, ZIP 02766 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $602K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 02766 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 02766's metrics run below Bristol County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 02766 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
appears to 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 Norton:
Property Strategy for 02766
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $362,241 | $2,160 | 4.3% | +6.5% | $362,241 |
| 2BR | $439,435 | $2,840 | 4.7% | +7.5% | $219,718 |
| 3BR | $579,244 | $3,500 | 4.4% | +7.5% | $193,081 |
| 4BR | $775,495 | $3,760 | 3.5% | +7.8% | $193,874 |
| 5BR | $859,958 | — | — | +8.2% | $171,992 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 02766 Compare?
| Metric | 02766 | Norton | Massachusetts |
|---|---|---|---|
| Home Value | $601,528 | $601,528 | $645,115 |
| 5-Year CAGR | 5.6% | 5.6% | 7.0% |
| Avg Rent | $2,597 | $2,597 | - |
| 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 02766 (Norton, MA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $601,528 |
| Monthly Rent | $2,597 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (3.4%). 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 02766
Population: 19,155
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 02766
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
What is the typical vacancy rate in Norton, MA?
Norton, MA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the smart move for investors in Norton, MA?
In Norton, MA the notable play is typically careful cash-flow rentals with hands-on management. The combination of $602K prices and $2,597/mo rents suits that approach.
Is Norton, MA a smart market for rental property?
With a 3.0/5 investability score, Norton, MA ranks as a solid market for rental property investors. Median prices of $602K and rents of $2,597/mo drive the underlying numbers.
How much should I expect to pay for a home in Norton, MA?
Expect median prices around $602K in Norton, MA. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
What is the average monthly rent in Norton, MA?
Rent in Norton, MA is around $2,597/mo. The resulting rent-to-value relationship with $602K pricing is reasonable for most investor models.
You know 02766 now. You don’t know where it ranks.
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