Is 02180, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 02180 has remained a Seller's Market.
Key Takeaway
02180 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02180, MA
How much do homes in 02180, MA cost?
Median Sold Price
$715,500
$394/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 02180 have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in 02180 was $715,500 in April 2024, up 10.1% from last year, and the median price per square foot was $394.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $350K | +16.7% |
| 2 Bedrooms | $405.5K | $412K | +1.6% |
| 3 Bedrooms | $699K | $731.2K | +4.6% |
| 4 Bedrooms | $752K | $850K | +13.0% |
| 5+ Bedrooms | $885K | $900K | +1.7% |
Summary: 02180 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 1.7%.
Housing Supply in 02180, MA
How many homes are available in 02180, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 45 | +36.4% |
Summary: The 02180 real estate market had 45 homes for sale in April 2024, a 36.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 9 | 19 | +111.1% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 1 | 5 | +400.0% |
Summary: The 02180 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 111.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 400%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02180, you could pay more than the asking price. 92.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 02180 in April 2024, up by 55.6% month-over-month. Of the 14 sold homes, 7% were sold under asking, 0% were sold at asking, and 93% were sold over asking.
Days on Market for 02180, MA
How long does it take to sell a home in 02180, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 37 Days | +129.2% |
Summary: Homes in 02180 had an average of 37 days on market in Apr 2024, up by 129.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02180 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in 02180; 93% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
