Is 01038, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01038 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 01038 has remained a Seller's Market.

Key Takeaway

01038 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01038, MA

How much do homes in 01038, MA cost?

Median Sold Price

$415,500

$305/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$15,500(+3.9%)

Key Takeaway

Homes in 01038 have sold for 3.9% more than they did a month ago.

Summary: The median home sold price in 01038 was $415,500 in November 2024, up 3.9% from last month, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K$415.5K
+3.9%
4 --
N/A
5+ --
N/A

Summary: 01038 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 01038, MA

How many homes are available in 01038, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The 01038 real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 01038 housing inventory by bedroom type for November 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01038, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 01038 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 01038, MA

How long does it take to sell a home in 01038, MA?

Average Sale Time

Oct 2024Nov 2024CHANGE
74 Days23 Days-68.2%

Summary: Homes in 01038 had an average of 23 days on market in Nov 2024, down by 68.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01038 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 01038; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 01038, MA

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