Is 01904, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01904 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 01904 has remained a Seller's Market.

Key Takeaway

01904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01904, MA

How much do homes in 01904, MA cost?

Median Sold Price

$573,000

$361/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$43,000(+8.1%)

Key Takeaway

Homes in 01904 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 01904 was $573,000 in February 2024, up 8.1% from last year, and the median price per square foot was $361.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $270K$260K
-3.7%
2 $460K$388K
-15.7%
3 $525K$570K
+8.6%
4 $600K$682.5K
+13.8%
5+ $729K$765K
+4.9%

Summary: 01904 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes decreased by 15.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Zip Codes

01904
+8.1%
01905
+6.9%
01902
+6.0%
01960
+4.6%
01970
+2.8%

Housing Supply in 01904, MA

How many homes are available in 01904, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3229-9.4%

Summary: The 01904 real estate market had 29 homes for sale in February 2024, a 9.4% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 810
+25.0%
3 1513
-13.3%
4 63
-50.0%
5+ 22
0.0%

Summary: The 01904 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01904, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 01904 in February 2024, down by 35.7% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.

Days on Market for 01904, MA

How long does it take to sell a home in 01904, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
22 Days16 Days-27.9%

Summary: Homes in 01904 had an average of 16 days on market in Feb 2024, down by 27.9% compared to last year.

Breakdown of Home Sale Times

8 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 01904 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 9 homes were sold in 01904; 89% of homes were sold within 30 days, 11% 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 27 Days Ago

Newest Listings in 01904, MA

Nearby Markets to 01904, MA