$3,443 Closing Credit*
$289,900
2,018 SqFt
4 Beds
•1 Full Bath, 1 Partial
#73312662, Mark Kula, Listing Office: Coldwell Banker Realty - Western MA
Is 01056, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 01056 has remained a Seller's Market.
Key Takeaway
01056 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01056, MA
How much do homes in 01056, MA cost?
Median Sold Price
$335,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+11.7%)
Key Takeaway
Homes in 01056 have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in 01056 was $335,000 in October 2024, up 11.7% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107K | $258K | +141.1% |
| 2 Bedrooms | $258K | $282K | +9.3% |
| 3 Bedrooms | $317.5K | $369.9K | +16.5% |
| 4 Bedrooms | $327K | $398.2K | +21.8% |
| 5+ Bedrooms | $362.5K | $409.9K | +13.1% |
Summary: 01056 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 141.1%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Zip Codes
| 01056 | $300K | $335K | +11.7% |
| 01095 | $400K | $445K | +11.3% |
| 01022 | $206.2K | $213K | +3.3% |
Housing Supply in 01056, MA
How many homes are available in 01056, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 73 | +19.7% |
Summary: The 01056 real estate market had 73 homes for sale in October 2024, a 19.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 29 | 35 | +20.7% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 01056 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01056, 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 01056 in October 2024, up by 88.9% 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 01056, MA
How long does it take to sell a home in 01056, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 31 Days | +50.7% |
Summary: Homes in 01056 had an average of 31 days on market in Oct 2024, up by 50.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01056 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 01056; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
