Is 01590, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 01590 has remained a Seller's Market.
Key Takeaway
01590 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01590, MA
How much do homes in 01590, MA cost?
Median Sold Price
$586,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 01590 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 01590 was $586,000 in March 2024, up 6.5% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410.7K | $418.2K | +1.8% |
| 3 Bedrooms | $535K | $580K | +8.4% |
| 4 Bedrooms | $651.2K | $703.5K | +8.0% |
| 5+ Bedrooms | $847.5K | $733.9K | -13.4% |
Summary: 01590 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Zip Codes
| 01560 | $471K | $569.9K | +21.0% |
| 01527 | $429K | $475K | +10.7% |
| 01590 | $550K | $586K | +6.5% |
| 01588 | $429.5K | $429.7K | 0.1% |
| 01534 | $555K | $520K | -6.3% |
Housing Supply in 01590, MA
How many homes are available in 01590, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The 01590 real estate market had 19 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 01590 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 increased by 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01590, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 01590 in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 01590, MA
How long does it take to sell a home in 01590, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 64 Days | +52.5% |
Summary: Homes in 01590 had an average of 64 days on market in Mar 2024, up by 52.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01590 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in 01590; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
