Is 01440, 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, 01440 has remained a Seller's Market.
Key Takeaway
01440 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01440, MA
How much do homes in 01440, MA cost?
Median Sold Price
$345,166
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01440 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 01440 was $345,166 in March 2024, up 9.9% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $141.5K | +23.0% |
| 2 Bedrooms | $225K | $260K | +15.6% |
| 3 Bedrooms | $321K | $359.3K | +11.9% |
| 4 Bedrooms | $346K | $335K | -3.2% |
| 5+ Bedrooms | $352K | $450K | +27.8% |
Summary: 01440 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 27.8%.
Housing Supply in 01440, MA
How many homes are available in 01440, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 55 | +7.8% |
Summary: The 01440 real estate market had 55 homes for sale in March 2024, a 7.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 30 | 29 | -3.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 6 | 12 | +100.0% |
Summary: The 01440 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 remained the same, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01440, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 01440 in March 2024, down by 37.5% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for 01440, MA
How long does it take to sell a home in 01440, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 35 Days | 48 Days | +35.3% |
Summary: Homes in 01440 had an average of 48 days on market in Mar 2024, up by 35.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01440 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 10 homes were sold in 01440; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
