02054 — Norfolk County, Massachusetts Market Snapshot
Housing market data for zip code 02054 in Norfolk County, Massachusetts. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$782,500
Days to Sell
20
Homes Sold
16
Inventory
13
Sale-to-List
102.7%
New Listings
23
Price/SqFt
$357
Pending Sales
18
Conforming Loan Available
The median home in 02054 at $782,500 falls within the 2026 conforming loan limit of $962,550, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 02054 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 02054 are selling 2.7% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 02054 at $782,500 falls within the 2026 conforming loan limit of $962,550, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 02054 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 02054
To purchase the median home at $782,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,145.
Monthly Payment
$6,145
Income Required
$263,369
Principal & Interest
$4,822/mo
Down Payment (5%)
$39,125
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 02054.
Estimated Monthly Payment
$4,993
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