Is 01560, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01560 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 01560 has remained a Seller's Market.

Key Takeaway

01560 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01560, MA

How much do homes in 01560, MA cost?

Median Sold Price

$569,950

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$94,950(+20.0%)

Key Takeaway

Homes in 01560 have sold for 20% more than they did a year ago.

Summary: The median home sold price in 01560 was $569,950 in April 2024, up 20% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $235K$220K
-6.4%
2 $330K$420K
+27.3%
3 $473K$564K
+19.3%
4 $695K$815K
+17.3%
5+ $536.7K$735K
+36.9%

Summary: 01560 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 36.9%.

Median Sold Price Compared To Nearby Zip Codes

01519
+27.8%
01560
+20.0%
01590
+5.5%
01568
+1.6%

Housing Supply in 01560, MA

How many homes are available in 01560, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1013+30.0%

Summary: The 01560 real estate market had 13 homes for sale in April 2024, a 30.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 14
+300.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The 01560 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 20%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01560, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 01560 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 01560, MA

How long does it take to sell a home in 01560, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days18 Days+368.8%

Summary: Homes in 01560 had an average of 18 days on market in Apr 2024, up by 368.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01560 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 01560; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 5 Days Ago

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