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Area data

ZIP 02557

Population: 1,250 (Census ACS)

The typical home value in ZIP 02557 is $1.26M — up 4.0% over the past year. Homes sell for a median $2.45M after a median 68 days on market. 2 schools serve the area (NCES). Cost of living is 5.8% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$1.26M

Typical home value

+4.0%

1-year change

68

Median days on market

Home values & appreciation

Typical home value
$1.26M
1-year appreciation
+4.0%
3-year appreciation
+10.0%
5-year appreciation
+33.1%
10-year appreciation
+119.5%
Peak value since 2000 (Aug 2026)
$1.26M

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$2.45M
Median price per sqft
$1,354
1-year sale-price change
+110.0%
Median days on market
68 days
Homes sold (recent period)
3
For-sale inventory
61
Sale-to-list ratio
94.1%
Active listings
2
1-year forecast
+3.9%
New listings (monthly)
15

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,461/mo
1BR fair-market rent
$1,537/mo
2BR fair-market rent
$2,010/mo
3BR fair-market rent
$2,783/mo
4BR fair-market rent
$3,112/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
105.8 (100 = US avg)
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1
Avg student-teacher ratio
8.2 : 1
School districts serving the area
Oak Bluffs, Martha's Vineyard
Schools include
Oak Bluffs Elementary, Martha's Vineyard Regional High

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
68
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Otis Air National Guard Base/Camp Edwards (14 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
50.6 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
15.3 / 20
Transit service frequency
417
Jobs reachable by car (30 min)
1,928
Jobs reachable by transit (45 min)
2,145

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
5
Nearest national park
New Bedford Whaling National Historical Park (22 mi)
National parks include
New Bedford Whaling National Historical Park, Touro Synagogue National Historic Site, Cape Cod National Seashore
Airports within 30 mi
15
Nearest airport
Trade Wind Airport (1 mi)
Nearest major airport
Cape Cod Gateway Airport (HYA) (21 mi)
Hospitals in or near this ZIP
1
Hospitals include
MARTHA'S VINEYARD HOSPITAL INC
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1952
Housing built before 1970
59.8%
Housing built 2000 or later
12.8%
Median annual property tax
$8,578
Households with broadband internet
78.8%

Source: Census ACS 5-year estimates (ZIP-level)

How it compares

ZIP 02557State medianUS median
Typical home value$1.26M—$288,527
Median sale price$2.45M—$325,000
Median days on market68 days—51 days
Median annual property tax$8,578—$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in ZIP 02557?
$1.26M.
What is the median sale price in ZIP 02557?
$2.45M.
How long do homes take to sell in ZIP 02557?
Median days on market: 68 days.
What is typical rent in ZIP 02557?
2-bedroom fair-market rent: $2,010/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
Is ZIP 02557 in a flood zone?
Flood zones vary by property within ZIP 02557. 68 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
Are there Superfund sites near ZIP 02557?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 02557?
2 schools (1 elementary, 1 high) (NCES, 2024-25).
Is ZIP 02557 walkable?
Walkability index: 15.3/20 (EPA Smart Location Database).
What is the cost of living in ZIP 02557?
Regional Price Parity: 105.8 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents