Is 02134, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02134 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 02134 was a Buyer's Market.

Key Takeaway

02134 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 02134, MA

How much do homes in 02134, MA cost?

Median Sold Price

$705,000

$732/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$161,789(+29.8%)

Key Takeaway

Homes in 02134 have sold for 29.8% more than they did a year ago.

Summary: The median home sold price in 02134 was $705,000 in April 2024, up 29.8% from last year, and the median price per square foot was $732.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $402.5K$563K
+39.9%
2 $546.4K$757.5K
+38.6%
3 $580.5K$982.5K
+69.3%
4 $573.5K$760K
+32.5%
5+ $1.0M$1.5M
+46.2%

Summary: 02134 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.9%, 2 bedroom homes increased by 38.6%, 3 bedroom homes increased by 69.3%, 4 bedroom homes increased by 32.5%, and 5+ bedroom homes increased by 46.2%.

Median Sold Price Compared To Nearby Zip Codes

02134
+29.8%
02446
+6.8%
02135
+3.3%

Housing Supply in 02134, MA

How many homes are available in 02134, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2133+57.1%

Summary: The 02134 real estate market had 33 homes for sale in April 2024, a 57.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 58
+60.0%
2 715
+114.3%
3 34
+33.3%
4 01
+100.0%
5+ 65
-16.7%

Summary: The 02134 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 114.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02134, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 02134 in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 02134, MA

How long does it take to sell a home in 02134, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
68 Days14 Days-78.9%

Summary: Homes in 02134 had an average of 14 days on market in Apr 2024, down by 78.9% compared to last year.

Breakdown of Home Sale Times

5 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 02134 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 02134; 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 6 Days Ago

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