Is 01420, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 01420 has remained a Seller's Market.
Key Takeaway
01420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01420, MA
How much do homes in 01420, MA cost?
Median Sold Price
$386,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01420 have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in 01420 was $386,500 in March 2024, up 10.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167K | $175.3K | +5.0% |
| 2 Bedrooms | $295K | $335K | +13.6% |
| 3 Bedrooms | $339.9K | $370K | +8.8% |
| 4 Bedrooms | $364.5K | $415K | +13.9% |
| 5+ Bedrooms | $400K | $476K | +19.0% |
Summary: 01420 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 19%.
Housing Supply in 01420, MA
How many homes are available in 01420, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 92 | 113 | +22.8% |
Summary: The 01420 real estate market had 113 homes for sale in March 2024, a 22.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 32 | 34 | +6.3% |
| 4 Bedrooms | 14 | 24 | +71.4% |
| 5+ Bedrooms | 28 | 35 | +25.0% |
Summary: The 01420 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 29 | +31.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01420, you could pay more than the asking price. 55.2% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in 01420 in March 2024, up by 31.8% month-over-month. Of the 29 sold homes, 34% were sold under asking, 10% were sold at asking, and 55% were sold over asking.
Days on Market for 01420, MA
How long does it take to sell a home in 01420, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 47 Days | 32 Days | -31.7% |
Summary: Homes in 01420 had an average of 32 days on market in Mar 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01420 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 29 homes were sold in 01420; 69% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
