Plymouth County has a split underwriting case: Zillow’s June 2026 median home value was $297,521, up 4.35% year over year, while the listing market looks less firm. Investors needing current income coverage should be cautious; buyers able to verify property-level rent and flood exposure should investigate. FHFA’s annual 2025 repeat-transaction HPI rose 4.27%, directionally supporting Zillow’s movement, but it is an index rather than a home value and is not the same timeframe as the Zillow observation.
Income underwriting is the binding gap. No county market asking rent is published, so gross yield cannot be computed. HUD’s two-bedroom FMR of $980 per month is a payment standard, not an asking-rent estimate, and cannot substitute for market rent. The 1.07% effective property-tax rate and $2,455 median annual tax establish carrying-cost inputs against price, but insurance, maintenance, financing, and property-level assessments are not published.
Realtor.com’s June 2026 MLS evidence points to a slower visible listing market, not closed-sale demand: median listing price fell 6.26% year over year, median days on market were 53, and 18.54% of listings had reductions. Active listing supply increased. County QCEW workplace covered employment fell, while Manufacturing is the largest disclosed private supersector. Tax-return migration was net negative by 100 households, and out-movers had higher average AGI than in-movers. Investors represented 19 of 221 purchases, so participation exists but does not establish buyer-competition depth.
Inland flood is the named dominant hazard. The modeled climate loss ratio of 0.13% of building value per year is a portfolio-level risk signal, not parcel-specific flood insurance, elevation, or loss history. Next checks are flood zone, insurance quotes, condition, and property-tax assessment. Missing closed-sale comps, market rent, vacancy and turnover, insurance, and flood-zone data prevent yield, expense-coverage, resale-execution, and property-specific climate-cost conclusions. QCEW is annual covered employment at county workplaces, not resident employment or a forecast; MLS measures listings only.