Is 01085, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01085 is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, 01085 has remained a Seller's Market.

Key Takeaway

01085 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 01085, MA cost?

Median Sold Price

$310,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$25,972(+9.1%)

Key Takeaway

Homes in 01085 have sold for 9.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $293K$155.7K
-46.9%
2 $219.9K$225.7K
+2.6%
3 $285K$320K
+12.3%
4 $340K$345K
+1.5%
5+ $325K$357.4K
+10.0%

Median Sold Price Compared To Nearby Zip Codes

01073
+13.6%
01077
+12.6%
01085
+9.1%
01089
+8.6%
01071
+6.7%

How many homes are available in 01085, MA?

Number of Homes For Sale

Dec 2022Jan 2023%
7569-8.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 32
-33.3%
2 1820
+11.1%
3 2524
-4.0%
4 1915
-21.1%
5+ 108
-20.0%

Number of Homes Sold

Dec 2022Jan 2023%
2714-48.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01085, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
23 Days33 Days+40.8%

Breakdown of Home Sale Times

11 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 01085 are selling fast, if you're buying plan to act quickly.

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

About 01085, MA

Homes for sale in 01085, MA have reached 69. The inventory of homes for sale in 01085, MA between December 2022 and January 2023 decreased by 8%. Listings spent 33 days on the market in January 2023, and had a median list price of $310,000 during the same period. Real estate listing prices changed between December 2022 and January 2023: 1 bedroom properties prices decreased by 46.9%, the cost of 2 bedrooms properties went up by 2.6%, 3 bedrooms properties became 12.3% more expensive, prices of 4 bedrooms properties increased by 1.5%, 5 bedrooms properties prices increased by 10%. Volume of homes for sale changed: the quantity of 1 bedroom homes went down by 33.3%, number of 2 bedrooms homes increased by 11.1%, the quantity of 3 bedrooms homes went down by 4%, 4 bedrooms homes inventory decreased by 21.1%, volume of 5 bedrooms homes went down by 20%. In January 2023 more than 10 listings in 01085, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below.