Is 02151, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02151 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 02151 has remained a Seller's Market.

Key Takeaway

02151 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 02151, MA cost?

Median Sold Price

$610,000

$348/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$55,000(+9.9%)

Key Takeaway

Homes in 02151 have sold for 9.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $320K$305K
-4.7%
2 $413.5K$455K
+10.0%
3 $540K$575K
+6.5%
4 $650K$684.7K
+5.3%
5+ $784.5K$825K
+5.2%

Median Sold Price Compared To Nearby Zip Codes

01906
+11.0%
02151
+9.9%
02150
+6.3%
02148
+5.8%
02128
0.0%

How many homes are available in 02151, MA?

Number of Homes For Sale

Jan 2023Feb 2023%
7355-24.7%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 61
-83.3%
2 79
+28.6%
3 2015
-25.0%
4 2013
-35.0%
5+ 2017
-15.0%

Number of Homes Sold

Jan 2023Feb 2023%
2516-36.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02151, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
30 Days63 Days+108.4%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02151 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 02151, MA

Number of homes for sale in 02151, MA real estate market have reached 55. The number of listings in 02151, MA decreased by 24.7% between January 2023 and February 2023. In February 2023, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $610,000. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties prices decreased by 4.7%, 2 bedrooms properties became 10% more expensive, the cost of 3 bedrooms properties went up by 6.5%, prices of 4 bedrooms properties went up by 5.3%, prices of 5 bedrooms properties went up by 5.2%. Housing inventory have changed in this real estate market: number of 1 bedroom homes decreased by 83.3%, 2 bedrooms homes inventory increased by 28.6%, 3 bedrooms homes inventory decreased by 25%, volume of 4 bedrooms homes went down by 35%, volume of 5 bedrooms homes went down by 15%. Over 4 listings were sold over their listed price in February 2023 in 02151, MA. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price.