50 Most Expensive Zip Codes in Massachusetts 2016

Massachusetts’ residential market had a banner year in 2016, with Boston and Nantucket leading the state’s most expensive home sales, totaling $80.9 million for the top six most expensive assets to trade.

most-expensive-home-massachusetts-oceanWith the median home price at $1,331,000, Newton’s 02468 is Massachusetts’ third priciest zip code. Covering the village of Waban, one of 13 that make up the town of Newton, 02468 is among the nation’s most affluent zip codes, known as ‘Super Zips’. 83 percent of Waban residents possess college degrees and the median household income surpasses the $200,000 threshold.

Massachusetts’ residential market had a banner year in 2016, with Boston and Nantucket leading the state’s most expensive home sales, totaling $80.9 million for the top six most expensive assets to trade. According to the Greater Boston Association of Realtors, inventory in the GBA has decreased by 35% over the course of 2016, as did the number of days spent on the market. At the same time, the median sale price grew 9.4 percent for single family properties and 4.8 percent for condominiums. This is despite the fact that Boston home sizes tend to be more modest at an average of 909 square feet.

 

Check out the 50 most expensive zip codes in Massachusetts below:

 

 

 

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