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 September 2023

At the same time last year, 02468 was a Buyer'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

$2,025,000

$617/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since September 2023.

Key Takeaway

The sold price of homes in 02468 has remained the same since last year.

Summary: The median home sold price in 02468 was $2,025,000 in September 2024, the same as last year, and the median price per square foot was $617.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$1.0M
N/A
2 $860K$1.1M
+37.2%
3 $1.4M$1.5M
+4.9%
4 $1.8M$1.8M
+1.6%
5+ $2.7M$3.1M
+11.6%

Summary: 02468 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 11.6%.

Median Sold Price Compared To Nearby Zip Codes

02464
+28.9%
02461
+14.7%
02465
0.5%
02468
0.0%

Housing Supply in 02468, MA

How many homes are available in 02468, MA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1312-7.7%

Summary: The 02468 real estate market had 12 homes for sale in September 2024, a 7.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 00
0.0%
3 20
-100.0%
4 32
-33.3%
5+ 78
+14.3%

Summary: The 02468 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 02468 in September 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2023Sep 2024CHANGE
48 Days53 Days+11.1%

Summary: Homes in 02468 had an average of 53 days on market in Sep 2024, up by 11.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 September 2024, 3 homes were sold in 02468; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 10 Days Ago

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