Is 02556, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 02556 was a Seller's Market.
Key Takeaway
02556 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 02556, MA
How much do homes in 02556, MA cost?
Median Sold Price
$900,000
$472/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 02556 have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in 02556 was $900,000 in April 2024, up 15.4% from last year, and the median price per square foot was $472.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $477K | N/A |
| 2 Bedrooms | $550K | - | N/A |
| 3 Bedrooms | $685K | $848K | +23.8% |
| 4 Bedrooms | $980K | $1.0M | +10.7% |
| 5+ Bedrooms | $3.3M | $3.2M | -0.6% |
Summary: 02556 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in 02556, MA
How many homes are available in 02556, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The 02556 real estate market had 25 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 02556 housing inventory by bedroom type for April 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 23.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02556, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 02556 in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 02556, MA
How long does it take to sell a home in 02556, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 6 Days | -84.8% |
Summary: Homes in 02556 had an average of 6 days on market in Apr 2024, down by 84.8% compared to last year.
Breakdown of Home Sale Times
3 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 02556 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in 02556; 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.
