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 October 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

$445,000

$318/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,500(+0.6%)

Key Takeaway

Homes in 01060 have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in 01060 was $445,000 in October 2024, up 0.6% from last year, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$208K
-7.6%
2 $323K$365K
+13.0%
3 $552.5K$522K
-5.5%
4 $605K$667.5K
+10.3%
5+ $850K$702.5K
-17.4%

Summary: 01060 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 17.4%.

Median Sold Price Compared To Nearby Zip Codes

01038
+27.7%
01062
+17.9%
01060
+0.6%
01035
-4.1%

Housing Supply in 01060, MA

How many homes are available in 01060, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4843-10.4%

Summary: The 01060 real estate market had 43 homes for sale in October 2024, a 10.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 1313
0.0%
3 1916
-15.8%
4 65
-16.7%
5+ 66
0.0%

Summary: The 01060 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 01060 in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% 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

Oct 2023Oct 2024CHANGE
27 Days47 Days+74.5%

Summary: Homes in 01060 had an average of 47 days on market in Oct 2024, up by 74.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 01060 has remained consistent over time.

Summary: During October 2024, 9 homes were sold in 01060; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% 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

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