The story of this market
The typical home in ZIP 02054 sells for about $1,125,000, or $411 per square foot.
Prices are up +6% from a year ago, so sellers still have some momentum. Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,696 a month.
ZIP 02054 — Millis
The Norwell housing market is highly competitive with strong demand and rising home values, as evidenced by a 6% year-over-year price increase. Inventory remains extremely tight with only 20 active listings, keeping the market firmly in favor of sellers. Note that several demographic and tax-specific figures were not available at the ZIP level and are reported as null.
This ZIP is well-suited for family buyers seeking a rural, historic atmosphere with access to top-rated schools and significant outdoor recreational space.
Median prices moved up 6.0% year over year.
Homes spend a median of 19 days on market with 1.9 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 4.8% — a stable, low-distress profile.
ZIP code tabulation area 02054
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by highly-rated public schools, including Norwell Middle and Norwell High, which consistently receive top-tier performance ratings.
Norwell maintains a rural character with historic roots, characterized by stable residential development and limited large-scale commercial expansion.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
The area features significant natural amenities including Gaffield Park, Jacobs Pond, and the Norris Reservation, providing extensive trails and outdoor space.
The rental market is high-end with limited inventory and strong demand, reflected in a median asking rent of $5,100.
The local economy is primarily residential with a focus on maintaining its historic, rural character.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Supercharged Entertainment4.59.2 mi
- Apex Entertainment Marlborough4.416.1 mi
- Central Rock Gym - Watertown4.616.5 mi
- Urban Air Trampoline and Adventure Park4.57.3 mi
- Dave & Buster's Braintree4.218.1 mi
- Fenway Park4.818.7 mi
- Gillette Stadium4.67.6 mi
- Topgolf Boston - Canton3.911.4 mi
- The Xfinity Center4.214.3 mi
- MGM Music Hall at Fenway4.418.8 mi
- AMC Framingham 164.29.5 mi
- Sri Lakshmi Temple4.87.9 mi
- Urban Air Trampoline and Adventure Park4.57.3 mi
- Mendon Twin Drive-In4.59.8 mi
- Hopkinton State Park4.610 mi
- Museum of Fine Arts, Boston4.818.5 mi
- Boston Public Library4.819.5 mi
- Isabella Stewart Gardner Museum4.718.2 mi
- The Harvard Museum of Natural History4.819.6 mi
- Harvard Art Museums4.819.4 mi
- Hopkinton State Park4.610 mi
- Borderland State Park4.812.8 mi
- Cochituate State Park4.59.8 mi
- Millennium Park4.712.6 mi
- Garden in the Woods4.712.3 mi
- Topgolf Boston - Canton3.911.4 mi
- Fore Kicks Sports Complex and Golf Course4.56.5 mi
- Brookmeadow Country Club4.410.2 mi
- Sandy Burr Country Club4.313 mi
- Blue Hill Country Club4.612.1 mi
- Wrentham Village Premium Outlets4.58.9 mi
- Natick Mall4.59.3 mi
- Legacy Place4.410.8 mi
- Patriot Place4.67.4 mi
- Wards Berry Farm4.69.2 mi
- Boston Logan International Airport4.123 mi
- Rhode Island T.F. Green International Airport4.430.8 mi
- Worcester Regional Airport4.626.7 mi
- Park Shuttle & Fly4.523.8 mi
- The Lounge3.422.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park space.
Natural pond area for recreation.
Extensive trails and protected green space.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).