Is 02359, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02359 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 02359 has remained a Seller's Market.

Key Takeaway

02359 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02359, MA

How much do homes in 02359, MA cost?

Median Sold Price

$575,000

$325/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,250(+0.2%)

Key Takeaway

The sold price of homes in 02359 has remained the same since last year.

Summary: The median home sold price in 02359 was $575,000 in April 2024, up 0.2% from last year, and the median price per square foot was $325.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $370K$385K
+4.1%
2 $438K$512.5K
+17.0%
3 $547K$580K
+6.0%
4 $737.5K$750K
+1.7%
5+ $1.1M$880K
-20.0%

Summary: 02359 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Zip Codes

02050
+14.2%
02339
+10.6%
02341
+10.3%
02338
+8.0%
02359
0.2%

Housing Supply in 02359, MA

How many homes are available in 02359, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3637+2.8%

Summary: The 02359 real estate market had 37 homes for sale in April 2024, a 2.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1415
+7.1%
3 1318
+38.5%
4 72
-71.4%
5+ 22
0.0%

Summary: The 02359 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 7.1%, 3 bedroom homes increased by 38.5%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02359, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 02359 in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 8% were sold under asking, 8% were sold at asking, and 83% were sold over asking.

Days on Market for 02359, MA

How long does it take to sell a home in 02359, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days19 Days-32.1%

Summary: Homes in 02359 had an average of 19 days on market in Apr 2024, down by 32.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02359 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in 02359; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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