Babson Park—02457
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Babson Park
Babson Park lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Babson Park
Babson Park lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Babson Park
Babson Park lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Babson Park
As of the latest ACS Survey released in 2023, Babson Park has a population of 1,890, which has increased by 10.0% over the past 5 years. Babson Park is a less popular place for families, as children make up 0.0% of the population. The area has a highly educated workforce, with 63.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,890 | 10.0% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 0.0% | N/A |
% WFH | 23.5% | 4.4% |
% w/ College Degree | 63.6% | ∞% |
As of the latest ACS Survey released in 2023, Babson Park is a predominantly white area, with 52.1% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in Babson Park is asian, making up 20.0% of the population. Foreign-born residents account for 15.1% of the population in Babson Park, and this percentage has decreased by 20.5% 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 | 52.1% | -9.5% |
% Black | 8.7% | 6.1% |
% Hispanic | 16.9% | 81.7% |
% Asian | 20.0% | -12.7% |
% Foreign Born | 15.1% | -20.5% |
Mortgage and Risk — Babson Park
Babson Park lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Babson Park
Babson Park lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $3,220 |
| 2 Bedroom | N/A | N/A | $3,820 |
| 3 Bedroom | N/A | N/A | $4,600 |
| 4 Bedroom | N/A | N/A | $5,060 |
Affordability — Babson Park
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |