Is 02638, 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, 02638 has remained a Seller's Market.
Housing Prices in 02638, MA
How much do homes in 02638, MA cost?
Median Sold Price
$857,000
$492/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02638 was $857,000 in March 2024, up 3.5% from last year, and the median price per square foot was $492.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $349.5K | N/A |
2 Bedrooms | $615K | $750K | +22.0% |
3 Bedrooms | $789.5K | $731.2K | -7.4% |
4 Bedrooms | $1.3M | $1.5M | +18.1% |
5+ Bedrooms | $2.9M | $1.3M | -55.2% |
Summary: 02638 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 increased by 22%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes decreased by 55.2%.
Median Sold Price Compared To Nearby Zip Codes
02660 | $526K | $625.4K | +18.9% |
02675 | $579K | $630K | +8.8% |
02638 | $828K | $857K | +3.5% |
Housing Supply in 02638, MA
How many homes are available in 02638, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The 02638 real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 6 | 3 | -50.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 02638 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 02638 in March 2024, the same as the previous 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 02638, MA
How long does it take to sell a home in 02638, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
101 Days | 91 Days | -9.6% |
Summary: Homes in 02638 had an average of 91 days on market in Mar 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 02638; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.