Location: Barnstable Town, MA | Metro: Barnstable Town, MA MSA
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 | $2,080 |
| 1 Bedroom | $2,090 |
| 2 Bedrooms | $2,740 |
| 3 Bedrooms | $3,440 |
| 4 Bedrooms | $4,100 |
| 5 Bedrooms | $4,756 |
| 6 Bedrooms | $5,327 |
| 7 Bedrooms | $5,753 |
| 8 Bedrooms | $6,041 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $3,440 | $925,600 | 0.37% | F |
U.S. Census Bureau data (2024)
The ZIP code 02671 in Massachusetts presents a market in motion, characterized by specific dynamics that offer insights into the local housing landscape. The Fair Market Rent (FMR) for the area stands at $2090 for fiscal year 2024, indicating a benchmark set by HUD for rental properties. Despite the lack of current market rent data, the FMR serves as a crucial reference point for landlords and investors.
A median home value of $852,169 suggests a robust real estate market, likely influenced by factors such as location desirability, economic stability, and demographic preferences. This high median value can indicate strong demand for homeownership in the area, potentially signaling that demand may be outpacing supply. However, without detailed supply and demand metrics, this remains an inference based on the observed home values.
The 0.0% renter share statistic is particularly noteworthy. It implies that virtually all residents in ZIP 02671 own their homes, which can suggest several underlying dynamics. Firstly, it points to a mature housing market with established communities, where long-term ownership is the norm. Secondly, this low renter share could indicate a historical trend of limited rental availability, possibly due to the prevalence of owner-occupied homes or a preference for homeownership among residents. Over time, this could exert upward pressure on housing costs, as demand for homeownership persists and supply remains constrained.
In summary, ZIP 02671 appears to be a market where homeownership is highly valued and prevalent, with a median home value reflecting significant demand. The absence of rental properties suggests a potential limitation in supply that could influence future housing pressures, making it a dynamic area for real estate analysis and investment.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.