Location: Brockton, MA | Metro: Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,130 |
| 1 Bedroom | $2,230 |
| 2 Bedrooms | $2,650 |
| 3 Bedrooms | $3,180 |
| 4 Bedrooms | $3,510 |
| 5 Bedrooms | $4,072 |
| 6 Bedrooms | $4,561 |
| 7 Bedrooms | $4,926 |
| 8 Bedrooms | $5,172 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,650 | $410,853 | 0.64% | D |
| 3BR | $3,180 | $494,418 | 0.64% | D |
| 4BR | $3,510 | $556,988 | 0.63% | D |
| 5BR | $4,072 | $621,013 | 0.66% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 02302, Brockton, MA, is characterized by a median home value of $495,638. This figure, combined with the observation that only 0.2% of listings have been reduced, suggests a robust market where sellers maintain significant pricing power. The low reduction rate indicates that homes are selling at or near their asking price, a trend that typically supports higher valuations.
A further indicator of a strong seller's market is the 9-day median days on market (DOM). This short DOM period signals high demand and quick sales, which can sustain current property values and even drive them upward if demand persists. For landlords and small-portfolio investors, this bodes well for maintaining rental income levels and potentially increasing rents as the market tightens.
On the rental side, the Federal Market Rent (FMR) for ZIP 02302 in fiscal year 2024 is set at $2,380. However, the actual market rent, as measured by Zillow's Rent Index (ZORI), stands at $2,725. This gap between the FMR and market rent reflects an opportunity for landlords to capture higher rental yields, especially when considering the cost of ownership relative to the FMR. Landlords should be cautious, though, as this difference could narrow if the local economy shifts or if there is an increase in supply.
Long-term investors must consider the potential for appreciation. Given the current median home value and the dynamics of a seller's market, it is reasonable to anticipate that appreciation will continue, albeit at a modest pace. The combination of quick sales and minimal price reductions points to a stable growth trajectory, rather than a speculative boom. Investors should prepare for steady, gradual increases in property values, which align with historical trends and the broader economic conditions of the area.
In summary, the data for ZIP 02302 suggests a favorable environment for both owning and renting properties. The median home value, coupled with the low percentage of reduced listings and quick sales, implies sustained pricing power. On the rental front, the disparity between FMR and market rent offers immediate benefits but requires vigilance against future adjustments. Long-term appreciation is likely, offering a solid foundation for investment decisions.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.