Is 02093, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02093 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 02093 was a Neutral Market.

Key Takeaway

02093 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02093, MA

How much do homes in 02093, MA cost?

Median Sold Price

$660,000

$314/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$38,500(+6.2%)

Key Takeaway

Homes in 02093 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 02093 was $660,000 in March 2024, up 6.2% from last year, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $170K$280K
+64.7%
2 $388.7K$440K
+13.2%
3 $553.5K$600K
+8.4%
4 $780K$835.5K
+7.1%
5+ $874.9K$610K
-30.3%

Summary: 02093 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.7%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 30.3%.

Median Sold Price Compared To Nearby Zip Codes

02038
+10.0%
02035
+9.8%
02093
+6.2%
02762
-1.0%
02056
-1.5%

Housing Supply in 02093, MA

How many homes are available in 02093, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
32320.0%

Summary: The 02093 real estate market had 32 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 610
+66.7%
3 76
-14.3%
4 1612
-25.0%
5+ 34
+33.3%

Summary: The 02093 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 decreased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02093, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 02093 in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 02093, MA

How long does it take to sell a home in 02093, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
48 Days15 Days-67.8%

Summary: Homes in 02093 had an average of 15 days on market in Mar 2024, down by 67.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02093 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 02093; 100% of homes were sold within 30 days, 0% 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 28 Days Ago

Newest Listings in 02093, MA

Nearby Markets to 02093, MA