Is 02466, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02466 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 02466 was a Seller's Market.

Key Takeaway

02466 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02466, MA

How much do homes in 02466, MA cost?

Median Sold Price

$1,350,000

$507/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$239,500(+21.6%)

Key Takeaway

Homes in 02466 have sold for 21.6% more than they did a year ago.

Summary: The median home sold price in 02466 was $1,350,000 in March 2024, up 21.6% from last year, and the median price per square foot was $507.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $660K$395K
-40.2%
2 $637.5K$824K
+29.3%
3 $1.0M$987.5K
-6.0%
4 $1.3M$1.7M
+31.2%
5+ $1.1M$1.7M
+47.5%

Summary: 02466 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.2%, 2 bedroom homes increased by 29.3%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 31.2%, and 5+ bedroom homes increased by 47.5%.

Median Sold Price Compared To Nearby Zip Codes

02462
+41.9%
02466
+21.6%
02453
+13.3%
02468
+11.6%
02465
-6.9%

Housing Supply in 02466, MA

How many homes are available in 02466, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1618+12.5%

Summary: The 02466 real estate market had 18 homes for sale in March 2024, a 12.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 47
+75.0%
4 44
0.0%
5+ 76
-14.3%

Summary: The 02466 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02466, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 02466 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 02466, MA

How long does it take to sell a home in 02466, MA?

Average Sale Time

Mar 2023Mar 2024CHANGE
34 Days15 Days-56.1%

Summary: Homes in 02466 had an average of 15 days on market in Mar 2024, down by 56.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02466 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 02466; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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