Is 02468, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02468 is a seller's market

Buyer's
Market

Difference Since November 2022

Since last year, 02468 has remained a Seller's Market.

Key Takeaway

02468 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02468, MA

How much do homes in 02468, MA cost?

Median Sold Price

$2,200,000

$560/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$295,000(+15.5%)

Key Takeaway

Homes in 02468 have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in 02468 was $2,200,000 in November 2023, up 15.5% from last year, and the median price per square foot was $560.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 -$1.0M
N/A
2 $860K$957.5K
+11.3%
3 $1.3M$1.4M
+6.3%
4 $1.7M$1.8M
+4.8%
5+ $2.6M$2.7M
+5.6%

Summary: 02468 housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Zip Codes

02468
+15.5%
02464
+14.1%
02461
+8.6%
02465
-3.5%

Housing Supply in 02468, MA

How many homes are available in 02468, MA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
25250.0%

Summary: The 02468 real estate market had 25 homes for sale in November 2023, the same as October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 35
+66.7%
2 00
0.0%
3 13
+200.0%
4 32
-33.3%
5+ 1815
-16.7%

Summary: The 02468 housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02468, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 02468 in November 2023, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 02468, MA

How long does it take to sell a home in 02468, MA?

Average Sale Time

Nov 2022Nov 2023CHANGE
30 Days24 Days-20.2%

Summary: Homes in 02468 had an average of 24 days on market in Nov 2023, down by 20.2% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02468 are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 5 homes were sold in 02468; 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.

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

Report Updated 9 Days Ago

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