Is 02657, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02657 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 02657 was a Seller's Market.

Key Takeaway

02657 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 02657, MA

How much do homes in 02657, MA cost?

Median Sold Price

$907,500

$1,179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,500(+1.4%)

Key Takeaway

Homes in 02657 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 02657 was $907,500 in April 2024, up 1.4% from last year, and the median price per square foot was $1,179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $559K$660.5K
+18.2%
2 $867.5K$1.0M
+21.0%
3 $1.8M$1.2M
-34.0%
4 $2.3M$720K
-69.3%
5+ $2.8M$2.7M
-3.1%

Summary: 02657 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 21%, 3 bedroom homes decreased by 34%, 4 bedroom homes decreased by 69.3%, and 5+ bedroom homes decreased by 3.1%.

Housing Supply in 02657, MA

How many homes are available in 02657, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2735+29.6%

Summary: The 02657 real estate market had 35 homes for sale in April 2024, a 29.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1012
+20.0%
2 910
+11.1%
3 711
+57.1%
4 12
+100.0%
5+ 00
0.0%

Summary: The 02657 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02657, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 02657 in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 02657, MA

How long does it take to sell a home in 02657, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days21 Days-41.1%

Summary: Homes in 02657 had an average of 21 days on market in Apr 2024, down by 41.1% compared to last year.

Breakdown of Home Sale Times

4 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 02657 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 02657; 80% of homes were sold within 30 days, 20% 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 4 Days Ago

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