The story of this market
The typical home in ZIP 02151 sells for about $699,700, or $426 per square foot.
Prices are up +20.1% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,076 a month.
ZIP 02151 — Revere
The 02151 housing market remains competitive, with strong year-over-year price appreciation driven by limited inventory and high demand for coastal proximity. While sales volume has moderated, the market maintains a low supply of homes, keeping upward pressure on prices. Buyers are increasingly focused on transit-accessible properties as the area continues its urban redevelopment.
This ZIP is well-suited for commuters seeking proximity to Boston, families looking for coastal access, and investors targeting the high-demand rental market. It appeals to those who prioritize transit connectivity and urban amenities over suburban seclusion.
Median prices moved up 20.1% year over year.
Homes spend a median of 22 days on market with 1.7 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.0% · poverty 11.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 02151, Suffolk County MA
Revere experiences crime rates that are generally higher than the national average, with property crime being the most frequently reported issue. The area is often compared to other dense, urban coastal communities in the Greater Boston region.
Public schools in the area are part of the Revere Public Schools district, which serves a diverse student population. Performance ratings vary by individual school, with many institutions focusing on English language learner support and community-based programming.
The ZIP code is highly susceptible to coastal flooding and storm surge due to its proximity to Revere Beach and the Atlantic Ocean. Property insurance premiums in this area are significantly impacted by these flood risks and the requirement for specialized coverage.
Economic momentum is driven by ongoing redevelopment of the Revere Beach waterfront and proximity to Boston's employment hubs. Major infrastructure projects include continued improvements to the MBTA Blue Line, which serves as a critical transit link for commuters.
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.
Residents benefit from direct access to the MBTA Blue Line, providing a rapid transit commute to downtown Boston and Logan International Airport. Major highway access is provided by Route 1 and the Revere Beach Parkway.
The area is anchored by the historic Revere Beach, the oldest public beach in the United States, offering extensive walking paths and seasonal events. Several local parks and recreational facilities are distributed throughout the residential neighborhoods.
The rental market is characterized by high demand and low vacancy rates, driven by the area's affordability relative to Boston. There is a notable presence of multi-family housing and an increasing number of short-term rental listings near the beach.
The local economy is heavily influenced by the service, hospitality, and retail sectors, with significant employment ties to nearby Logan International Airport and downtown Boston. The area is transitioning toward a more residential-focused economy with increased transit-oriented development.
The area is served by the MBTA Blue Line, which provides essential transit connectivity to Boston. Highway access is dominated by Route 1, which experiences heavy congestion during peak commuting hours.
Development is focused on high-density residential projects near the Wonderland and Revere Beach MBTA stations. City planning emphasizes transit-oriented growth to mitigate traffic impacts.
Parcels are subject to municipal taxes and standard utility districts; no major MUDs or PIDs are reported.
Property insurance is a significant concern due to coastal flood zones, leading to higher premiums and mandatory flood insurance requirements for many homeowners.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Boston Tea Party Ships & Museum4.65.6 mi
- F1 Arcade Boston4.55.5 mi
- Museum of Illusions Boston4.55.2 mi
- Boda Borg Boston4.73.8 mi
- K1 Speed Boston-Wilmington4.212 mi
- Fenway Park4.87.3 mi
- TD Garden4.65.1 mi
- Thomas M. Menino Convention & Exhibition Center4.55.9 mi
- Topgolf Boston - Canton3.917.6 mi
- MGM Music Hall at Fenway4.47.2 mi
- Fenway Park4.87.3 mi
- Boston Common4.75.8 mi
- Museum of Fine Arts, Boston4.87.6 mi
- New England Aquarium4.45.1 mi
- Harvard Square4.67.1 mi
- Museum of Fine Arts, Boston4.87.6 mi
- Boston Public Library4.86.6 mi
- Isabella Stewart Gardner Museum4.77.8 mi
- Museum of Science4.75.4 mi
- Boston Tea Party Ships & Museum4.65.6 mi
- Boston Common4.75.8 mi
- Franklin Park Zoo4.49.4 mi
- Public Garden4.86 mi
- Charles River Esplanade4.86.3 mi
- Arnold Arboretum of Harvard University4.810.2 mi
- Community Boating, Inc.4.65.8 mi
- MIT Sailing Pavilion4.96.4 mi
- Atlantic Wharf4.65.6 mi
- Constitution Marina4.64.8 mi
- Charlestown Marina4.84.2 mi
- Granite Links Golf Club4.612.6 mi
- Robert T. Lynch Municipal Golf Course3.911.4 mi
- Newton Commonwealth Golf Course410.4 mi
- William J. Devine Golf Course at Franklin Park4.29.6 mi
- George Wright4.512.7 mi
- Encore Boston Harbor4.34.2 mi
- Burlington Mall4.411.8 mi
- Prudential Center Boston4.56.8 mi
- Quincy Market4.55.2 mi
- Faneuil Hall Marketplace4.55.2 mi
- Boston Logan International Airport4.14 mi
- Park Shuttle & Fly4.52.4 mi
- The Lounge3.43.9 mi
- DaCoopas Pizza4.13.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The oldest public beach in the U.S., featuring a boardwalk and seasonal festivals.
A large salt marsh area providing trails and bird-watching opportunities.
A major retail hub serving the local community.
Key-figure check: median price diverges 24.3% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $530,000 (-24.3% vs the prior refresh cycle) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.