Is 01475, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 01475 was a Seller's Market.
Key Takeaway
01475 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 01475, MA
How much do homes in 01475, MA cost?
Median Sold Price
$365,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01475 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 01475 was $365,000 in March 2024, up 4.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $319K | +93.3% |
| 2 Bedrooms | $233K | $227K | -2.6% |
| 3 Bedrooms | $356.7K | $385K | +7.9% |
| 4 Bedrooms | $395K | $374.5K | -5.2% |
| 5+ Bedrooms | $327.5K | $327.5K | 0.0% |
Summary: 01475 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.3%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 01440 | $314K | $345.1K | +9.9% |
| 01475 | $350K | $365K | +4.3% |
Housing Supply in 01475, MA
How many homes are available in 01475, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Summary: The 01475 real estate market had 30 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The 01475 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01475, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 01475 in March 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 01475, MA
How long does it take to sell a home in 01475, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 26 Days | -26.1% |
Summary: Homes in 01475 had an average of 26 days on market in Mar 2024, down by 26.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01475 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 01475; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
