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).
$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)
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 02557 | State median | US median | |
|---|---|---|---|
| Typical home value | $1.26M | — | $288,527 |
| Median sale price | $2.45M | — | $325,000 |
| Median days on market | 68 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
Listing a home in ZIP 02557?
REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer and renter questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.
Data last updated
Most recent source refresh: Oct 2026. See all data sources →