Is 01129, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01129 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 01129 has remained a Seller's Market.

Key Takeaway

01129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01129, MA

How much do homes in 01129, MA cost?

Median Sold Price

$279,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$34,000(+13.9%)

Key Takeaway

Homes in 01129 have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in 01129 was $279,000 in March 2024, up 13.9% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $157K$186.4K
+18.8%
2 $212K$226.5K
+6.9%
3 $280K$287.7K
+2.8%
4 $340K$315.5K
-7.2%
5+ $590K$400K
-32.2%

Summary: 01129 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes decreased by 32.2%.

Median Sold Price Compared To Nearby Zip Codes

01129
+13.9%
01119
+10.0%
01118
+9.1%
01151
+7.9%

Housing Supply in 01129, MA

How many homes are available in 01129, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1916-15.8%

Summary: The 01129 real estate market had 16 homes for sale in March 2024, a 15.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 20
-100.0%
2 32
-33.3%
3 119
-18.2%
4 02
+100.0%
5+ 33
0.0%

Summary: The 01129 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01129, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 01129 in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 01129, MA

How long does it take to sell a home in 01129, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
51 Days18 Days-63.6%

Summary: Homes in 01129 had an average of 18 days on market in Mar 2024, down by 63.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01129 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in 01129; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 01129, MA

Nearby Markets to 01129, MA