Is 02559, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02559 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 02559 has remained a Seller's Market.

Key Takeaway

02559 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02559, MA

How much do homes in 02559, MA cost?

Median Sold Price

$725,000

$448/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$123,000(+20.4%)

Key Takeaway

Homes in 02559 have sold for 20.4% more than they did a year ago.

Summary: The median home sold price in 02559 was $725,000 in February 2024, up 20.4% from last year, and the median price per square foot was $448.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $389K-
N/A
2 $472K$450K
-4.7%
3 $575K$725K
+26.1%
4 $884K$1.2M
+43.1%
5+ $875K$1.1M
+29.1%

Summary: 02559 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 43.1%, and 5+ bedroom homes increased by 29.1%.

Median Sold Price Compared To Nearby Zip Codes

02559
+20.4%
02532
+4.0%

Housing Supply in 02559, MA

How many homes are available in 02559, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
811+37.5%

Summary: The 02559 real estate market had 11 homes for sale in February 2024, a 37.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 67
+16.7%
4 01
+100.0%
5+ 01
+100.0%

Summary: The 02559 housing inventory by bedroom type for February 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 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02559, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 02559 in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 02559, MA

How long does it take to sell a home in 02559, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
59 Days29 Days-51.1%

Summary: Homes in 02559 had an average of 29 days on market in Feb 2024, down by 51.1% compared to last year.

Breakdown of Home Sale Times

2 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 02559 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 3 homes were sold in 02559; 67% of homes were sold within 30 days, 33% 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

Newest Listings in 02559, MA

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