Is 02155, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02155 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 02155 has remained a Seller's Market.

Key Takeaway

02155 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02155, MA

How much do homes in 02155, MA cost?

Median Sold Price

$800,800

$481/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$28,300(+3.7%)

Key Takeaway

Homes in 02155 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 02155 was $800,800 in February 2024, up 3.7% from last year, and the median price per square foot was $481.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $569.9K$606.9K
+6.5%
2 $580.4K$625.5K
+7.8%
3 $770K$779.9K
+1.3%
4 $879.9K$980K
+11.4%
5+ $1.0M$1.0M
-1.5%

Summary: 02155 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

02144
+19.5%
02148
+4.7%
02155
+3.7%
02474
+3.7%
02145
-0.2%

Housing Supply in 02155, MA

How many homes are available in 02155, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
8991+2.2%

Summary: The 02155 real estate market had 91 homes for sale in February 2024, a 2.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 78
+14.3%
2 2633
+26.9%
3 2424
0.0%
4 2114
-33.3%
5+ 1112
+9.1%

Summary: The 02155 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 26.9%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
3420-41.2%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02155, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 02155 in February 2024, down by 41.2% month-over-month. Of the 20 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.

Days on Market for 02155, MA

How long does it take to sell a home in 02155, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
42 Days38 Days-9.5%

Summary: Homes in 02155 had an average of 38 days on market in Feb 2024, down by 9.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02155 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 20 homes were sold in 02155; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 10% 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 02155, MA

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