Is 02324, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02324 is a neutral's market

Buyer's
Market

Difference Since May 2021

At the same time last year, 02324 was a Seller's Market.

Key Takeaway

02324 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 02324, MA cost?

Median Sold Price

$499,900

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$49,900(+11.1%)

Key Takeaway

Homes in 02324 have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $150.1K$200K
+33.2%
2 $295K$272K
-7.8%
3 $422.5K$489K
+15.7%
4 $585K$600K
+2.6%
5+ $568.5K$600K
+5.5%

Median Sold Price Compared To Nearby Zip Codes

02333
+15.7%
02767
+15.4%
02324
+11.1%
02379
+9.8%
02338
+8.8%

How many homes are available in 02324, MA?

Number of Homes For Sale

Apr 2022May 2022%
6981+17.4%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 12
+100.0%
2 96
-33.3%
3 3136
+16.1%
4 2228
+27.3%
5+ 69
+50.0%

Number of Homes Sold

Apr 2022May 2022%
1912-36.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02324, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
20 Days19 Days-5.2%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02324 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 02324, MA

Homes for sale in 02324, MA have reached 81. Between April 2022 and May 2022, 02324, MA real estate market has seen increase in the number of listings by 17.4%. In May 2022 median list price was $499,900 and the average listing age was 19 days. Real estate listing prices changed between April 2022 and May 2022: 1 bedroom properties prices increased by 33.2%, 2 bedrooms properties became 7.8% more cheaper, prices of 3 bedrooms properties went up by 15.7%, prices of 4 bedrooms properties went up by 2.6%, prices of 5 bedrooms properties increased by 5.5%. This housing market inventory have changed: 1 bedroom homes inventory increased by 100%, 2 bedrooms homes became 33.3% less available, 3 bedrooms homes became 16.1% more available, 4 bedrooms homes became 27.3% more available, number of 5 bedrooms homes increased by 50%. In May 2022, from all listings sold in 02324, MA there were more than 9 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.