Is 02341, 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, 02341 has remained a Seller's Market.
Key Takeaway
02341 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02341, MA
How much do homes in 02341, MA cost?
Median Sold Price
$559,500
$313/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 02341 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 02341 was $559,500 in April 2024, up 10.3% from last year, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $368.7K | $414K | +12.3% |
| 2 Bedrooms | $405K | $425K | +4.9% |
| 3 Bedrooms | $490K | $538.5K | +9.9% |
| 4 Bedrooms | $650K | $650K | 0.0% |
| 5+ Bedrooms | $730K | $842.5K | +15.4% |
Summary: 02341 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 15.4%.
Housing Supply in 02341, MA
How many homes are available in 02341, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The 02341 real estate market had 18 homes for sale in April 2024, a 5.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 02341 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02341, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 02341 in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 02341, MA
How long does it take to sell a home in 02341, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 21 Days | +24.6% |
Summary: Homes in 02341 had an average of 21 days on market in Apr 2024, up by 24.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02341 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in 02341; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
