Is 02790, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02790 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 02790 was a Buyer's Market.

Key Takeaway

02790 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02790, MA

How much do homes in 02790, MA cost?

Median Sold Price

$669,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$69,000(+11.5%)

Key Takeaway

Homes in 02790 have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in 02790 was $669,000 in April 2024, up 11.5% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $480K$354K
-26.3%
2 $477.5K$450K
-5.8%
3 $556K$660K
+18.7%
4 $725K$817.5K
+12.8%
5+ $605K$581K
-4.0%

Summary: 02790 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.3%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 4%.

Median Sold Price Compared To Nearby Zip Codes

02748
+14.5%
02790
+11.5%
02721
+3.0%
02747
+2.9%

Housing Supply in 02790, MA

How many homes are available in 02790, MA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5256+7.7%

Summary: The 02790 real estate market had 56 homes for sale in April 2024, a 7.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 812
+50.0%
3 1920
+5.3%
4 1918
-5.3%
5+ 34
+33.3%

Summary: The 02790 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02790, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 02790 in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 02790, MA

How long does it take to sell a home in 02790, MA?

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days46 Days+8.1%

Summary: Homes in 02790 had an average of 46 days on market in Apr 2024, up by 8.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02790 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in 02790; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% 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 9 Days Ago

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