Is 01028, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01028 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 01028 has remained a Seller's Market.

Key Takeaway

01028 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01028, MA

How much do homes in 01028, MA cost?

Median Sold Price

$382,500

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$2,500(+0.7%)

Key Takeaway

Homes in 01028 have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in 01028 was $382,500 in December 2024, up 0.7% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $297K$320K
+7.7%
3 $360K$358K
-0.6%
4 $473.5K$450K
-5.0%
5+ $368K$521K
+41.6%

Summary: 01028 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 41.6%.

Median Sold Price Compared To Nearby Zip Codes

01108
+12.0%
01118
+10.7%
01036
+8.2%
01128
+7.4%
01028
+0.7%

Housing Supply in 01028, MA

How many homes are available in 01028, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5947-20.3%

Summary: The 01028 real estate market had 47 homes for sale in December 2024, a 20.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 2820
-28.6%
4 119
-18.2%
5+ 97
-22.2%

Summary: The 01028 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01028, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 01028 in December 2024, down by 5.6% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.

Days on Market for 01028, MA

How long does it take to sell a home in 01028, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
23 Days27 Days+18.8%

Summary: Homes in 01028 had an average of 27 days on market in Dec 2024, up by 18.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01028 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 17 homes were sold in 01028; 71% of homes were sold within 30 days, 29% 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 7 Days Ago

Newest Listings in 01028, MA

Nearby Markets to 01028, MA