New-build home prices in 02038
Recorded home sales in ZIP 02038 (Norfolk County) run a median of $328 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $284 and $383/sq ft.
What new homes sell for in 02038
At the local median of $328/sq ft, a new home would price roughly:
| 1,500 sq ft | $492,000 |
| 2,000 sq ft | $656,000 |
| 2,500 sq ft | $820,000 |
| 3,000 sq ft | $984,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Single-family | 808 | $346 | 1,887 sf | $642,500 |
| Condominium | 361 | $300 | 1,175 sf | $357,500 |
| Multi-family | 42 | $294 | 2,194 sf | $567,500 |
Recent sales in 02038
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 3,440 | $1,999,000 | $581 | 1935 | 7/2025 |
| Single-family | 4,678 | $1,650,000 | $353 | 2003 | 6/2025 |
| Single-family | 4,368 | $1,467,500 | $336 | 2006 | 4/2025 |
| Single-family | 3,615 | $1,400,000 | $387 | 1997 | 7/2025 |
| Single-family | 3,980 | $1,375,000 | $346 | 2005 | 6/2025 |
| Single-family | 3,350 | $1,360,000 | $406 | 2006 | 6/2025 |
| Single-family | 3,457 | $1,358,000 | $393 | 1998 | 7/2025 |
| Single-family | 3,404 | $1,275,000 | $375 | 1994 | 6/2025 |
| Single-family | 3,024 | $1,275,000 | $422 | 2019 | 3/2025 |
| Single-family | 2,774 | $1,250,000 | $451 | 1993 | 3/2025 |
| Single-family | 3,164 | $1,250,000 | $395 | 2002 | 8/2025 |
| Single-family | 2,754 | $1,175,000 | $427 | 1911 | 1/2025 |
| Single-family | 4,139 | $1,175,000 | $284 | 1984 | 5/2025 |
| Single-family | 2,953 | $1,160,000 | $393 | 1995 | 4/2025 |
| Single-family | 2,605 | $1,150,000 | $442 | 1994 | 5/2025 |
Appraising a site in 02038?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 02038 home prices
- What is the price per square foot in 02038?
- Recent recorded home sales in ZIP 02038 (Norfolk County, MA) run a median of $328 per square foot, with the middle half between $284 and $383, from 1,211 qualified sales in 2021-2025.
- What does a home sell for in 02038?
- The typical recorded sale in 02038 is a 1,714 sq ft home at $565,000. A new 1,714 sq ft home at the local $328/sq ft would price around $562,192.
- Where does this 02038 data come from?
- MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of Norfolk County →
Nearby ZIPs: 02019 · 02093 · 02056 · 02053 · 02762 · 02054 · 01747 · 01756
Massachusetts land hub
Method: recorded residential sales with assessor living area (2021+) from MassGIS Level 3 standardized assessor parcel data, compiled from all 351 Massachusetts municipalities, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.