Is 02141, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 02141 has remained a Seller's Market.
Key Takeaway
02141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02141, MA
How much do homes in 02141, MA cost?
Median Sold Price
$910,180
$860/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02141 have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in 02141 was $910,180 in March 2024, down 4.5% from last year, and the median price per square foot was $860.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $616K | $689K | +11.9% |
| 2 Bedrooms | $869K | $900.5K | +3.6% |
| 3 Bedrooms | $1.2M | $1.3M | +13.1% |
| 4 Bedrooms | $1.8M | $2.5M | +41.7% |
| 5+ Bedrooms | $1.9M | $1.6M | -14.8% |
Summary: 02141 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes decreased by 14.8%.
Housing Supply in 02141, MA
How many homes are available in 02141, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 36 | +5.9% |
Summary: The 02141 real estate market had 36 homes for sale in March 2024, a 5.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 02141 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02141, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 02141 in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 02141, MA
How long does it take to sell a home in 02141, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 83 Days | 19 Days | -76.5% |
Summary: Homes in 02141 had an average of 19 days on market in Mar 2024, down by 76.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02141 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in 02141; 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.
