ZIP 02056 Housing Market Update (Norfolk, MA) — February 25, 2026
02056 – February 25, 2026 – Norfolk, MA stays competitive: Jan median sale about $870K, list prices near $1.11M, rates ~6.1%, inventory still tight.
ZIP 02056 (centered on Norfolk, Massachusetts in Norfolk County) continues to feel like a high-demand, limited-supply market, even as buyers watch mortgage rates closely.
Top takeaways
- Recent closed-sale pricing remains high: Redfin shows a January 2026 median sale price around $870K.
- On the active side, Realtor.com shows roughly a few dozen homes for sale, with a median list price a bit above $1.1M.
- National mortgage rates are hovering near the low-6% range based on Freddie Mac’s weekly survey, which still shapes affordability.
Market snapshot (ZIP 02056)
Prices: Redfin’s ZIP-level housing market tracker puts the median sale price in January 2026 at about $869,565, up 6.7% year over year. Price per square foot is shown around $372 (with a large year-over-year jump in their estimate), a reminder that smaller, updated homes can command a premium.
Speed: Redfin reports a 46-day median time on market in January 2026 (slower than last year), suggesting buyers may be getting a bit more breathing room than the fastest stretch of the past few years.
Inventory and list-price reality check
Realtor.com’s market page for 02056 shows about 33 homes for sale and a median list price near $1,108,400, with a median 68 days on market. That gap between the median sale price (closed deals) and median list price (current asks) can happen when a handful of higher-end properties or new builds tilt the active inventory upward.
New construction and move-in-ready demand
Zillow’s 02056 results show a mix that includes new construction options (often starting in the mid-$800Ks and reaching into the $1M+ range), plus townhome-style listings and higher-end single-family inventory. If you are shopping new construction, keep an eye on what is included (lot, upgrades, landscaping) because that can change the true out-the-door price quickly.
Mortgage-rate watch (national context)
Freddie Mac’s Primary Mortgage Market Survey archive shows the 30-year fixed averaging about 6.09% as of February 12, 2026 (with the 15-year around 5.44%). Even small rate changes matter in 02056 price ranges, so many buyers are still balancing monthly payment comfort against competition for the best homes.
ServiceXTC local pros (real-estate-adjacent help)
We did not find verified ServiceXTC provider pages in our current directory index specifically tied to ZIP 02056 at publish time. If you are a local home-service pro who serves Norfolk-area homeowners, consider getting listed so we can feature you in future daily updates.
What are you seeing right now in 02056 — more price reductions, more open houses, or still multiple-offer situations for the best homes?
Sources
https://www.redfin.com/zipcode/02056/housing-market
https://www.realtor.com/local/market/massachusetts/zipcode-02056
https://www.zillow.com/norfolk-ma-02056/
https://www.freddiemac.com/pmms/archive
https://en.wikipedia.org/wiki/Norfolk%2C_Massachusetts