Is 01890, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01890 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 01890 was a Buyer's Market.

Key Takeaway

01890 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01890, MA

How much do homes in 01890, MA cost?

Median Sold Price

$1,350,500

$503/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$60,500(+4.7%)

Key Takeaway

Homes in 01890 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 01890 was $1,350,500 in March 2024, up 4.7% from last year, and the median price per square foot was $503.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $324K$360K
+11.1%
2 $715K$745K
+4.2%
3 $1.0M$1.1M
+6.5%
4 $1.4M$1.5M
+3.6%
5+ $1.9M$2.1M
+10.3%

Summary: 01890 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Zip Codes

01801
+15.6%
02180
+9.5%
02155
+4.9%
01890
+4.7%
02474
+4.7%

Housing Supply in 01890, MA

How many homes are available in 01890, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5172+41.2%

Summary: The 01890 real estate market had 72 homes for sale in March 2024, a 41.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
+33.3%
2 42
-50.0%
3 1317
+30.8%
4 1117
+54.5%
5+ 2032
+60.0%

Summary: The 01890 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
513+160.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01890, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 01890 in March 2024, up by 160.0% month-over-month. Of the 13 sold homes, 23% were sold under asking, 23% were sold at asking, and 54% were sold over asking.

Days on Market for 01890, MA

How long does it take to sell a home in 01890, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
48 Days38 Days-21.4%

Summary: Homes in 01890 had an average of 38 days on market in Mar 2024, down by 21.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01890 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 13 homes were sold in 01890; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% 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 28 Days Ago

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