ZIP Code 02538 — Wareham, MA Home Prices (2026)
The typical home in ZIP 02538 (Wareham, Massachusetts) is worth about $479,000 at roughly $508 per square foot — 1% more affordable than the Wareham median and 63% more expensive than the typical U.S. home.
How 02538 compares
ZIP 02538 is one of the more affordable ZIP codes in Wareham: its typical home value of $479,000 ranks #3 of the 3 Wareham ZIP codes we track (the citywide range runs from $479,000 in 02538 to $501,000 in 02576). Per square foot it costs about $508, against $413 for Wareham as a whole, $361 for Massachusetts, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 02538 | $479,000 | $508 |
| Wareham, MA | $483,000 | $413 |
| Massachusetts | $631,000 | $361 |
| United States | $294,000 | $195 |
Home value by size in 02538
Using this ZIP’s rate of about $508 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $508,000 |
| 1,500 sq ft | $762,000 |
| 2,000 sq ft | $1,016,000 |
| 2,500 sq ft | $1,270,000 |
| 3,000 sq ft | $1,524,000 |
Salary needed to buy a home in ZIP 02538
To buy the typical $479,000 home in ZIP 02538 with 20% down, you need a household income of roughly $130,000 a year (about $3,040 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $155,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $24,000 | $3,780/mo | $162,000/yr |
| 10% (+PMI) | $47,900 | $3,610/mo | $155,000/yr |
| 20% | $95,800 | $3,040/mo | $130,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 02538
At about $508 per square foot, here is roughly how much home different budgets get you in ZIP 02538:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $250k | 490 sq ft | below the local median — condos, smaller or older homes |
| $300k | 590 sq ft | below the local median — condos, smaller or older homes |
| $400k | 790 sq ft | around the typical home here |
| $500k | 980 sq ft | around the typical home here |
| $600k | 1180 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 02538 home.
Estimate a specific home in 02538
The estimator below is pre-set to ZIP 02538 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Wareham ZIP codes by home value
Where 02538 sits among Wareham’s 3 ZIP codes:
ZIP 02538 home prices: frequently asked
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See the full Wareham home values page, all Massachusetts cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.