02035 — Norfolk County, Massachusetts Market Snapshot

Housing market data for zip code 02035 in Norfolk County, Massachusetts. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

23 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$738,000

56.2% YoYClosed sales

Days to Sell

23

Median, listing to close

Homes Sold

23

Closed in 2026

Inventory

20

Sale-to-List

103.8%

New Listings

54

Price/SqFt

$364

Pending Sales

43

Conforming Loan Available

Most homebuyers in 02035 can comfortably use conventional financing. The median home price of $738,000 is well below the 2026 conforming loan limit of $962,550, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 02035 are moving quickly at 23 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes in 02035 are selling 3.8% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 02035 can comfortably use conventional financing. The median home price of $738,000 is well below the 2026 conforming loan limit of $962,550, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 02035 are set at the county level.

2026 Loan Limits — Norfolk County

Property Units Conforming Limit FHA Limit
1 Unit$962,550$962,550
2 Units$1,232,250$1,232,250
3 Units$1,489,500$1,489,500
4 Units$1,851,100$1,851,100

Affordability Snapshot — Zip 02035

To purchase the median home at $738,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,804.

Monthly Payment

$5,804

Income Required

$248,757

Principal & Interest

$4,547/mo

Down Payment (5%)

$36,900

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 02035.

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Estimated Monthly Payment

$4,717

Principal & Interest$3,829
Property Tax$738
Insurance$150
Loan Amount$590,400
Total Interest$788,155
Income Required$202,171/yr

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