Is 01060, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01060 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01060 has remained a Seller's Market.

Key Takeaway

01060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01060, MA

How much do homes in 01060, MA cost?

Median Sold Price

$500,000

$323/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,750(+17.0%)

Key Takeaway

Homes in 01060 have sold for 17% more than they did a year ago.

Summary: The median home sold price in 01060 was $500,000 in November 2024, up 17% from last year, and the median price per square foot was $323.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$208K
-3.3%
2 $315.5K$372K
+17.9%
3 $512K$569K
+11.1%
4 $567K$702.5K
+23.9%
5+ $790K$880K
+11.4%

Summary: 01060 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 11.4%.

Median Sold Price Compared To Nearby Zip Codes

01060
+17.0%
01062
+11.3%
01035
-6.8%

Housing Supply in 01060, MA

How many homes are available in 01060, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4641-10.9%

Summary: The 01060 real estate market had 41 homes for sale in November 2024, a 10.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 118
-27.3%
3 2117
-19.0%
4 69
+50.0%
5+ 66
0.0%

Summary: The 01060 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
920+122.2%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01060, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 01060 in November 2024, up by 122.2% month-over-month. Of the 20 sold homes, 50% were sold under asking, 5% were sold at asking, and 45% were sold over asking.

Days on Market for 01060, MA

How long does it take to sell a home in 01060, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days42 Days+101.7%

Summary: Homes in 01060 had an average of 42 days on market in Nov 2024, up by 101.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01060 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 01060; 70% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% 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

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