USA.com / Massachusetts / Middlesex County / Lexington, MA / 02421 / Housing

02421 Zip Code Housing

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As of 2010-2014, median price of a house in 02421 Zip Code is $730,600, which is much higher than the state average of $329,900 and is much higher than the national average of $175,700. The 02421 Zip Code median house value has grown by 72.84% since 2000. The growth rate for the price of a house in 02421 Zip Code is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in 02421 Zip Code was built is 1958, which is about the same as the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 5,051 Owner Occupied Houses in 02421 Zip Code, see rank

02421 Zip Code	730,600 USD
Massachusetts	329,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

02421 Zip Code	72.84%
Massachusetts	77.65%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	02421 Zip Code	Massachusetts	U.S.
Total Housing Units	7,075, see rank, 100%	2,816,875	132,741,033
Occupied Housing Units	6,634, 93.77%, see rank	90.12%	87.55%
Owner Occupied	5,051, 71.39%, see rank	56.12%	56.34%
Renter Occupied	1,583, 22.37%, see rank	33.99%	31.21%
Vacant Housing Units	441, 6.23%, see rank	9.88%	12.45%
For Rent	55, 0.78%, see rank	1.67%	2.34%
For Sale Only	19, 0.27%, see rank	0.74%	1.20%
Rented or Sold, Not Occupied	100, 1.41%, see rank	0.77%	0.92%
For Seasonal, Recreational, or Occasional Use	44, 0.62%, see rank	4.29%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	223, 3.15%, see rank	2.40%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #318

02421 Zip Code	Massachusetts	U.S.
1958	1959	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	02421 Zip Code	%	Massachusetts	U.S.
Owner-Occupied Units	5,051	100%	1,580,938	74,787,460
With a Mortgage	3,463	68.56%, see rank	71.18%	65.58%
Without a Mortgage	1,588	31.44%, see rank	28.82%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

02421 Zip Code	3,581 USD
Massachusetts	2,095 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	02421 Zip Code	%	Massachusetts	U.S.
$299 or Less	0	0.00%, see rank	0.09%	0.20%
$300 to $499	19	0.55%, see rank	0.49%	1.59%
$500 to $699	0	0.00%, see rank	1.47%	5.01%
$700 to $999	30	0.87%, see rank	4.74%	14.32%
$1,000 to $1,499	78	2.25%, see rank	16.44%	27.90%
$1,500 to $1,999	117	3.38%, see rank	22.84%	20.35%
$2,000 to $2,999	854	24.66%, see rank	34.83%	19.52%
$3,000 or More	2,365	68.29%, see rank	19.10%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

02421 Zip Code	22.60% of the Total Income
Massachusetts	24.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	02421 Zip Code	%	Massachusetts	U.S.
10% or Less	200	5.78%, see rank	5.29%	5.86%
10% to 20%	1,192	34.42%, see rank	29.25%	31.95%
20% to 30%	1,049	30.29%, see rank	29.39%	27.64%
30% to 40%	451	13.02%, see rank	14.83%	13.74%
40% or More	571	16.49%, see rank	20.86%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

02421 Zip Code	1,001 USD
Massachusetts	707 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	02421 Zip Code	%	Massachusetts	U.S.
$199 or Less	0	0.00%, see rank	1.57%	7.76%
$200 to $299	17	1.07%, see rank	2.45%	14.70%
$300 to $499	59	3.72%, see rank	16.27%	34.63%
$500 to $699	33	2.08%, see rank	28.91%	21.16%
$700 or More	1,479	93.14%, see rank	50.80%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

02421 Zip Code	14.80% of the Total Income
Massachusetts	14.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	02421 Zip Code	%	Massachusetts	U.S.
10% or Less	536	33.75%, see rank	31.52%	40.19%
10% to 20%	477	30.04%, see rank	31.52%	31.47%
20% to 30%	173	10.89%, see rank	14.65%	12.24%
30% to 40%	114	7.18%, see rank	7.86%	5.64%
40% or More	288	18.14%, see rank	13.41%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	02421 Zip Code	Massachusetts	U.S.
Total Housing Units	7,075, 100%	2,816,875	132,741,033
1-unit, Detached	5,111, 72.24%, see rank	52.24%	61.65%
1-unit, Attached	292, 4.13%, see rank	5.19%	5.82%
2 Units	286, 4.04%, see rank	10.16%	3.75%
3 or 4 Units	267, 3.77%, see rank	10.94%	4.43%
5 to 9 Units	74, 1.05%, see rank	5.95%	4.78%
10 or More Units	1,045, 14.77%, see rank	14.65%	13.08%
Mobile Home, Boat, RV, Van, etc.	0, 0.00%, see rank	0.87%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	02421 Zip Code	Massachusetts	U.S.
Total Housing Units	7,075, 100%	2,816,875	132,741,033
1 Room	58, 0.82%, see rank	2.33%	1.95%
2 Rooms	175, 2.47%, see rank	3.02%	2.48%
3 Rooms	412, 5.82%, see rank	10.03%	9.13%
4 Rooms	736, 10.40%, see rank	15.77%	16.60%
5 Rooms	588, 8.31%, see rank	18.26%	20.41%
6 Rooms	979, 13.84%, see rank	17.63%	18.06%
7 Rooms	1,016, 14.36%, see rank	12.23%	12.27%
8 Rooms	1,140, 16.11%, see rank	9.28%	8.48%
9 Rooms or More	1,971, 27.86%, see rank	11.45%	10.60%
Median Rooms	7.10, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	02421 Zip Code	Massachusetts	U.S.
Total Housing Units	7,075, 100%	2,816,875	132,741,033
No Bedroom	58, 0.82%, see rank	2.56%	2.17%
1 Bedroom	597, 8.44%, see rank	14.08%	11.16%
2 Bedrooms	1,269, 17.94%, see rank	28.19%	26.69%
3 Bedrooms	2,190, 30.95%, see rank	34.72%	39.70%
4 Bedrooms	1,859, 26.28%, see rank	16.00%	16.05%
5 or More Bedrooms	1,102, 15.58%, see rank	4.45%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	02421 Zip Code	Massachusetts	U.S.
Total Housing Units	6,634, 100%	2,538,485	116,211,092
Utility Gas	3,325, 50.12%, see rank	49.70%	48.85%
Bottled, Tank, or LP Gas	141, 2.13%, see rank	2.86%	4.86%
Electricity	618, 9.32%, see rank	14.23%	36.68%
Fuel Oil, Kerosene, etc.	2,503, 37.73%, see rank	30.36%	5.86%
Coal or Coke	14, 0.21%, see rank	0.13%	0.12%
Wood	33, 0.50%, see rank	1.69%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.65%	0.47%
No Fuel Used	0, 0.00%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	02421 Zip Code	Massachusetts	U.S.
Occupied Units Paying Rent	1,546, 100%	924,809	39,201,928
$199 or Less	11, 0.71%, see rank	2.07%	1.50%
$200 to $299	51, 3.30%, see rank	5.74%	3.18%
$300 to $499	213, 13.78%, see rank	7.69%	7.37%
$500 to $699	48, 3.10%, see rank	8.07%	16.01%
$700 to $999	55, 3.56%, see rank	20.08%	29.17%
$1,000 to $1,499	247, 15.98%, see rank	31.42%	26.88%
$1,500 to $1,999	366, 23.67%, see rank	15.67%	9.79%
$2,000 or More	555, 35.90%, see rank	9.27%	6.10%
Median	$1,702, see rank	$1,088	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	02421 Zip Code	Massachusetts	U.S.
Occupied Housing Units	6,634, 100%	2,538,485	116,211,092
No Vehicles Available	472, 7.11%, see rank	12.57%	9.12%
1 Vehicles Available	1,781, 26.85%, see rank	36.07%	33.80%
2 Vehicles Available	3,414, 51.46%, see rank	36.51%	37.48%
3 or More Vehicles Available	967, 14.58%, see rank	14.84%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.