Halifax, MA—02338
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Halifax, MA
As of Oct '25, the median home price in Halifax, MA is $550,000, with a year-over-year change of 0.5%. This indicates that home prices in Halifax, MA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $550,000 | 0.5% |
| Single Family | $574,000 | 0.5% |
| Condos | $351,000 | 1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $378,000 | 0.3% |
3 Bed | $575,000 | 0.5% |
4 Bed | $706,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Halifax, MA
Halifax, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,200 | $2,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Halifax, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Halifax, MA is 38. This is a increase of 130.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $501,000 | -20.0% |
Listing Count | 22 | 124.0% |
| Listings as % of Homes | 0.2% | 124.0% |
Days on Market | 38 | 130.0% |
Demographics — Halifax, MA
As of the latest ACS Survey released in 2023, Halifax, MA has a population of 7,730, which has decreased by -1.2% over the past 5 years. Halifax, MA is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 32.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,730 | -1.2% |
% Under 18 | 23.3% | 10.4% |
% Seniors | 17.4% | 18.4% |
% WFH | 11.8% | 372.0% |
% w/ College Degree | 32.9% | 8.2% |
As of the latest ACS Survey released in 2023, Halifax, MA is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Halifax, MA is hispanic, making up 1.9% of the population. Foreign-born residents account for 1.7% of the population in Halifax, MA, and this percentage has decreased by 54.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.0% | -4.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.9% | 5.6% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 1.7% | -54.1% |
Mortgage and Risk — Halifax, MA
According to HUD data as of 2023, there were 156 mortgage originations in Halifax, MA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Halifax, MA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 156 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Halifax, MA
Halifax, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,140 |
| 2 Bedroom | $350 | $2,200 | $2,550 |
| 3 Bedroom | N/A | N/A | $3,200 |
| 4 Bedroom | N/A | N/A | $3,470 |
Affordability — Halifax, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $550,000 |
| Median Household Income | $107,000 |