Is 01945, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01945 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 01945 has remained a Seller's Market.

Key Takeaway

01945 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01945, MA

How much do homes in 01945, MA cost?

Median Sold Price

$930,000

$472/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$117,500(+14.5%)

Key Takeaway

Homes in 01945 have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in 01945 was $930,000 in March 2024, up 14.5% from last year, and the median price per square foot was $472.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $332K$425K
+28.0%
2 $563.4K$647K
+14.8%
3 $799K$850K
+6.4%
4 $1.1M$1.1M
+1.8%
5+ $1.6M$1.6M
0.0%

Summary: 01945 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

01944
+34.4%
01945
+14.5%
01915
+9.7%
01970
+2.3%

Housing Supply in 01945, MA

How many homes are available in 01945, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3350+51.5%

Summary: The 01945 real estate market had 50 homes for sale in March 2024, a 51.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 02
+100.0%
2 916
+77.8%
3 1114
+27.3%
4 810
+25.0%
5+ 58
+60.0%

Summary: The 01945 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 77.8%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01945, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 01945 in March 2024, up by 62.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 0% were sold at asking, and 46% were sold over asking.

Days on Market for 01945, MA

How long does it take to sell a home in 01945, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
30 Days53 Days+75.5%

Summary: Homes in 01945 had an average of 53 days on market in Mar 2024, up by 75.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01945 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 13 homes were sold in 01945; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% 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 17 Days Ago

Newest Listings in 01945, MA

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