Is 01832, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01832 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 01832 has remained a Seller's Market.

Key Takeaway

01832 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01832, MA

How much do homes in 01832, MA cost?

Median Sold Price

$480,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$24,000(+5.3%)

Key Takeaway

Homes in 01832 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 01832 was $480,000 in March 2024, up 5.3% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $200K$271K
+35.5%
2 $334.5K$375K
+12.1%
3 $480K$518K
+7.9%
4 $565K$579.9K
+2.6%
5+ $610K$638K
+4.6%

Summary: 01832 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.5%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Zip Codes

03865
+21.8%
01832
+5.3%
01830
+4.4%
01835
-3.1%

Housing Supply in 01832, MA

How many homes are available in 01832, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5145-11.8%

Summary: The 01832 real estate market had 45 homes for sale in March 2024, a 11.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 53
-40.0%
2 1515
0.0%
3 1511
-26.7%
4 43
-25.0%
5+ 1213
+8.3%

Summary: The 01832 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1017+70.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01832, you could pay more than the asking price. 94.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 01832 in March 2024, up by 70.0% month-over-month. Of the 17 sold homes, 6% were sold under asking, 0% were sold at asking, and 94% were sold over asking.

Days on Market for 01832, MA

How long does it take to sell a home in 01832, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days14 Days-46.8%

Summary: Homes in 01832 had an average of 14 days on market in Mar 2024, down by 46.8% compared to last year.

Breakdown of Home Sale Times

16 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 01832 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 17 homes were sold in 01832; 94% of homes were sold within 30 days, 6% 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 22 Days Ago

Newest Listings in 01832, MA

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