Is 02563, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 02563 has remained a Seller's Market.
Housing Prices in 02563, MA
How much do homes in 02563, MA cost?
Median Sold Price
$675,000
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02563 was $675,000 in March 2024, up 5.9% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $366K | N/A |
2 Bedrooms | $470.2K | $465K | -1.1% |
3 Bedrooms | $630K | $667.5K | +6.0% |
4 Bedrooms | $693K | $806K | +16.3% |
5+ Bedrooms | $850K | $950K | +11.8% |
Summary: 02563 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Zip Codes
02562 | $635K | $720K | +13.4% |
02563 | $637.5K | $675K | +5.9% |
02644 | $535K | $559.5K | +4.6% |
02537 | $735.5K | $659K | -10.4% |
Housing Supply in 02563, MA
How many homes are available in 02563, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 43 | -2.3% |
Summary: The 02563 real estate market had 43 homes for sale in March 2024, a 2.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 17 | 11 | -35.3% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 02563 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 9 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 02563 in March 2024, down by 40.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for 02563, MA
How long does it take to sell a home in 02563, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 54 Days | +9.8% |
Summary: Homes in 02563 had an average of 54 days on market in Mar 2024, up by 9.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 02563; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.