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 April 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

$826,680

$499/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$70,096(+9.3%)

Key Takeaway

Homes in 02155 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 02155 was $826,680 in April 2024, up 9.3% from last year, and the median price per square foot was $499.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $599.9K$599.9K
0.0%
2 $580.4K$635K
+9.4%
3 $762.5K$793.5K
+4.1%
4 $879.9K$990K
+12.5%
5+ $1.0M$1.0M
-3.2%

Summary: 02155 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

02144
+22.8%
02148
+10.0%
02155
+9.3%
02145
+6.9%
02474
+3.6%

Housing Supply in 02155, MA

How many homes are available in 02155, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
107121+13.1%

Summary: The 02155 real estate market had 121 homes for sale in April 2024, a 13.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 116
-45.5%
2 3330
-9.1%
3 2843
+53.6%
4 2122
+4.8%
5+ 1420
+42.9%

Summary: The 02155 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 45.5%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 53.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
38380.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02155, you could pay more than the asking price. 63.2% of homes here sold above asking price last month.

Summary: A total of 38 homes were sold or pending in 02155 in April 2024, the same as the previous month. Of the 38 sold homes, 21% were sold under asking, 16% were sold at asking, and 63% 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

Apr 2023Apr 2024CHANGE
24 Days26 Days+10.0%

Summary: Homes in 02155 had an average of 26 days on market in Apr 2024, up by 10% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 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 April 2024, 38 homes were sold in 02155; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 8% 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 9 Days Ago

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