Is 01540, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 01540 was a Buyer's Market.
Key Takeaway
01540 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01540, MA
How much do homes in 01540, MA cost?
Median Sold Price
$392,500
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 01540 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 01540 was $392,500 in April 2024, up 4.1% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $256K | $137.5K | -46.3% |
| 2 Bedrooms | $286K | $315K | +10.1% |
| 3 Bedrooms | $390.5K | $387.5K | -0.8% |
| 4 Bedrooms | $455K | $475K | +4.4% |
| 5+ Bedrooms | $450K | $587K | +30.4% |
Summary: 01540 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.3%, 2 bedroom homes increased by 10.1%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 30.4%.
Housing Supply in 01540, MA
How many homes are available in 01540, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The 01540 real estate market had 34 homes for sale in April 2024, a 5.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 01540 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01540, 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 01540 in April 2024, down by 16.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.
Days on Market for 01540, MA
How long does it take to sell a home in 01540, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 15 Days | -70.3% |
Summary: Homes in 01540 had an average of 15 days on market in Apr 2024, down by 70.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01540 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 01540; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
