Is 01542, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01542 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 01542 was a Buyer's Market.

Key Takeaway

01542 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01542, MA

How much do homes in 01542, MA cost?

Median Sold Price

$485,000

$154/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$195,000(+67.2%)

Key Takeaway

Homes in 01542 have sold for 67.2% more than they did a month ago.

Summary: The median home sold price in 01542 was $485,000 in March 2024, up 67.2% from last month, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$485K
N/A
4 $290K$265K
-8.6%
5+ -$535K
N/A

Summary: 01542 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes did not change.

Housing Supply in 01542, MA

How many homes are available in 01542, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
97-22.2%

Summary: The 01542 real estate market had 7 homes for sale in March 2024, a 22.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 32
-33.3%
5+ 21
-50.0%

Summary: The 01542 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01542, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 01542 in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 01542, MA

How long does it take to sell a home in 01542, MA?

Average Sale Time

Feb 2024Mar 2024CHANGE
33 Days47 Days+42.4%

Summary: Homes in 01542 had an average of 47 days on market in Mar 2024, up by 42.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01542 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in 01542; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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