Is 01545, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01545 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 01545 has remained a Seller's Market.

Key Takeaway

01545 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01545, MA

How much do homes in 01545, MA cost?

Median Sold Price

$590,000

$312/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,000(+7.3%)

Key Takeaway

Homes in 01545 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 01545 was $590,000 in March 2024, up 7.3% from last year, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $199.9K$240K
+20.1%
2 $392.5K$442K
+12.6%
3 $505K$552K
+9.3%
4 $770K$800K
+3.9%
5+ $873K$840K
-3.8%

Summary: 01545 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.1%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

01605
+14.1%
01532
+10.5%
01545
+7.3%
01604
+5.2%

Housing Supply in 01545, MA

How many homes are available in 01545, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6981+17.4%

Summary: The 01545 real estate market had 81 homes for sale in March 2024, a 17.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1513
-13.3%
3 2125
+19.0%
4 1924
+26.3%
5+ 1217
+41.7%

Summary: The 01545 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 decreased by 13.3%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 41.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01545, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 01545 in March 2024, up by 6.7% month-over-month. Of the 16 sold homes, 25% were sold under asking, 6% were sold at asking, and 69% were sold over asking.

Days on Market for 01545, MA

How long does it take to sell a home in 01545, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
21 Days23 Days+13.1%

Summary: Homes in 01545 had an average of 23 days on market in Mar 2024, up by 13.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01545 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in 01545; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% 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 30 Days Ago

Newest Listings in 01545, MA

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