Is 01022, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01022 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01022 has remained a Seller's Market.

Key Takeaway

01022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01022, MA

How much do homes in 01022, MA cost?

Median Sold Price

$213,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,750(+3.3%)

Key Takeaway

Homes in 01022 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 01022 was $213,000 in October 2024, up 3.3% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $175K$180K
+2.9%
2 $208K$215K
+3.4%
3 $232.4K$227K
-2.3%
4 --
N/A
5+ --
N/A

Summary: 01022 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

01056
+11.7%
01033
+11.1%
01020
+10.5%
01022
+3.3%

Housing Supply in 01022, MA

How many homes are available in 01022, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The 01022 real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 86
-25.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 01022 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01022, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 01022 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 01022, MA

How long does it take to sell a home in 01022, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days16 Days-18.3%

Summary: Homes in 01022 had an average of 16 days on market in Oct 2024, down by 18.3% compared to last year.

Breakdown of Home Sale Times

2 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 01022 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 01022; 67% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in 01022, MA

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