Is 01082, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01082 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 01082 has remained a Seller's Market.

Key Takeaway

01082 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01082, MA

How much do homes in 01082, MA cost?

Median Sold Price

$285,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,975(-1.4%)

Key Takeaway

Homes in 01082 have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in 01082 was $285,000 in March 2024, down 1.4% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$196K
N/A
2 $235K$250K
+6.4%
3 $300K$323.5K
+7.8%
4 $257K$260K
+1.2%
5+ $309.2K$315.4K
+2.0%

Summary: 01082 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 2%.

Housing Supply in 01082, MA

How many homes are available in 01082, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3326-21.2%

Summary: The 01082 real estate market had 26 homes for sale in March 2024, a 21.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 24
+100.0%
3 1510
-33.3%
4 74
-42.9%
5+ 66
0.0%

Summary: The 01082 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01082, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 01082 in March 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 01082, MA

How long does it take to sell a home in 01082, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days40 Days-3.2%

Summary: Homes in 01082 had an average of 40 days on market in Mar 2024, down by 3.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01082 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in 01082; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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