Is 02780, 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, 02780 has remained a Seller's Market.
Housing Prices in 02780, MA
How much do homes in 02780, MA cost?
Median Sold Price
$462,875
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 02780 was $462,875 in March 2024, up 2.9% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179.4K | $209K | +16.5% |
2 Bedrooms | $320.5K | $335K | +4.5% |
3 Bedrooms | $450K | $460K | +2.2% |
4 Bedrooms | $475K | $529K | +11.4% |
5+ Bedrooms | $570K | $615K | +7.9% |
Summary: 02780 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Zip Codes
02718 | $445K | $475K | +6.7% |
02767 | $510K | $540K | +5.9% |
02780 | $450K | $462.8K | +2.9% |
02779 | $547K | $550K | 0.5% |
Housing Supply in 02780, MA
How many homes are available in 02780, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
117 | 108 | -7.7% |
Summary: The 02780 real estate market had 108 homes for sale in March 2024, a 7.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 16 | 19 | +18.8% |
3 Bedrooms | 52 | 50 | -3.8% |
4 Bedrooms | 21 | 17 | -19.0% |
5+ Bedrooms | 23 | 19 | -17.4% |
Summary: The 02780 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 17.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 38 | +2.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in 02780 in March 2024, up by 2.7% month-over-month. Of the 38 sold homes, 29% were sold under asking, 26% were sold at asking, and 45% were sold over asking.
Days on Market for 02780, MA
How long does it take to sell a home in 02780, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 29 Days | -36.7% |
Summary: Homes in 02780 had an average of 29 days on market in Mar 2024, down by 36.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 38 homes were sold in 02780; 71% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.