Is 02562, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02562 is a neutral's market

Buyer's
Market

Difference Since May 2021

At the same time last year, 02562 was a Seller's Market.

Key Takeaway

02562 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in 02562, MA cost?

Median Sold Price

$650,000

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$65,100(+11.1%)

Key Takeaway

Homes in 02562 have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 -$485K
N/A
2 $458.4K$557.7K
+21.7%
3 $594K$644.9K
+8.6%
4 $632.5K$717.5K
+13.4%
5+ $814.5K$792.5K
-2.7%

Median Sold Price Compared To Nearby Zip Codes

02563
+16.2%
02532
+12.7%
02360
+11.6%
02562
+11.1%

How many homes are available in 02562, MA?

Number of Homes For Sale

Apr 2022May 2022%
1721+23.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 01
+100.0%
2 44
0.0%
3 1013
+30.0%
4 32
-33.3%
5+ 01
+100.0%

Number of Homes Sold

Apr 2022May 2022%
330.0%

Asking Price vs. Sold Price

1 Home Was 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 02562, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

May 2021May 2022%
18 Days94 Days+419.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02562 are selling fast, if you're buying plan to act quickly.

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

About 02562, MA

Number of homes for sale in 02562, MA real estate market have reached 21. The number of listings in 02562, MA increased by 23.5% between April 2022 and May 2022. The median list price of listings available in May 2022 was $650,000, while the average time on the real estate market was 94 days. Real estate listing prices changed between April 2022 and May 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 21.7%, 3 bedrooms properties became 8.6% more expensive, the cost of 4 bedrooms properties went up by 13.4%, the cost of 5 bedrooms properties went down by 2.7%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 100%, 2 bedrooms homes did not move, number of 3 bedrooms homes increased by 30%, number of 4 bedrooms homes decreased by 33.3%, 5 bedrooms homes inventory increased by 100%. Over 1 listings were sold over their listed price in May 2022 in 02562, MA. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price.