ZIP code 02142 is located in Cambridge, Massachusetts.
For those that prefer to walk to work, you'll be in good company among many of the residents in ZIP code 02142.
Few homes situated in ZIP code 02142 are actually owner-occupied; many are either rented or are vacant. This is a great choice of location for those who want to live among professionals, since a high proportion of residents hold a college degree. Lots of young people have chosen this locale as their home, so the average age of the population is comparatively low.
Last year, home values in ZIP code 02142 impressively dropped by a whopping 34.7 percent, with average listing prices declining from $1,262,500 to $825,000. During the same period, inventory tightened significantly, creating a more competitive market amongst homebuyers, with a 50 percent drop in homes for sale. Quite a few residential properties in this area have a swimming pool, which is really great if you like to lie out and relax on the weekend.