Is 02382, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 02382 has remained a Neutral Market.
Key Takeaway
02382 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 02382, MA
How much do homes in 02382, MA cost?
Median Sold Price
$480,000
$318/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 02382 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 02382 was $480,000 in March 2024, up 4.3% from last year, and the median price per square foot was $318.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325.9K | $335K | +2.8% |
| 2 Bedrooms | $426.4K | $452.4K | +6.1% |
| 3 Bedrooms | $470K | $490K | +4.3% |
| 4 Bedrooms | $525K | $601.5K | +14.6% |
| 5+ Bedrooms | $693.5K | $650K | -6.3% |
Summary: 02382 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes decreased by 6.3%.
Housing Supply in 02382, MA
How many homes are available in 02382, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The 02382 real estate market had 27 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 9 | +200.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 02382 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02382, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 02382 in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 02382, MA
How long does it take to sell a home in 02382, MA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 14 Days | -66.6% |
Summary: Homes in 02382 had an average of 14 days on market in Mar 2024, down by 66.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02382 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 02382; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
