Is 01571, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01571 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 01571 has remained a Seller's Market.

Key Takeaway

01571 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01571, MA

How much do homes in 01571, MA cost?

Median Sold Price

$400,500

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,500(-1.1%)

Key Takeaway

Homes in 01571 have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in 01571 was $400,500 in April 2024, down 1.1% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $150K$167K
+11.3%
2 $407K$398.6K
-2.1%
3 $376K$400K
+6.4%
4 $415K$538K
+29.6%
5+ $481.5K$465K
-3.4%

Summary: 01571 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes decreased by 3.4%.

Median Sold Price Compared To Nearby Zip Codes

01507
+15.8%
01570
+9.6%
01550
+8.9%
01571
-1.1%

Housing Supply in 01571, MA

How many homes are available in 01571, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2321-8.7%

Summary: The 01571 real estate market had 21 homes for sale in April 2024, a 8.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 1211
-8.3%
4 88
0.0%
5+ 11
0.0%

Summary: The 01571 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01571, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 01571 in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for 01571, MA

How long does it take to sell a home in 01571, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days31 Days-36.7%

Summary: Homes in 01571 had an average of 31 days on market in Apr 2024, down by 36.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01571 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 01571; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 10 Days Ago

Newest Listings in 01571, MA

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