Is 02532, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 02532 has remained a Seller's Market.
Key Takeaway
02532 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02532, MA
How much do homes in 02532, MA cost?
Median Sold Price
$502,500
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 02532 has remained the same since last year.
Summary: The median home sold price in 02532 was $502,500 in April 2024, down 0.5% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $292.4K | $316.4K | +8.2% |
| 2 Bedrooms | $416.2K | $415.5K | -0.2% |
| 3 Bedrooms | $503.7K | $530.5K | +5.3% |
| 4 Bedrooms | $595K | $701K | +17.8% |
| 5+ Bedrooms | $1.2M | $775K | -36.2% |
Summary: 02532 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 36.2%.
Median Sold Price Compared To Nearby Zip Codes
| 02559 | $589K | $725K | +23.1% |
| 02532 | $505K | $502.5K | -0.5% |
| 02538 | $415K | $409K | -1.4% |
Housing Supply in 02532, MA
How many homes are available in 02532, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 48 | +2.1% |
Summary: The 02532 real estate market had 48 homes for sale in April 2024, a 2.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 18 | 21 | +16.7% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 02532 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02532, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 02532 in April 2024, up by 33.3% month-over-month. Of the 16 sold homes, 25% were sold under asking, 6% were sold at asking, and 69% were sold over asking.
Days on Market for 02532, MA
How long does it take to sell a home in 02532, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 92 Days | 37 Days | -59.2% |
Summary: Homes in 02532 had an average of 37 days on market in Apr 2024, down by 59.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02532 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in 02532; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
