Is 01072, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01072 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01072 has remained a Seller's Market.

Key Takeaway

01072 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01072, MA

How much do homes in 01072, MA cost?

Median Sold Price

$490,750

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$111,500(+29.4%)

Key Takeaway

Homes in 01072 have sold for 29.4% more than they did a year ago.

Summary: The median home sold price in 01072 was $490,750 in October 2024, up 29.4% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $255K-
N/A
2 $395.5K-
N/A
3 $350K$481.2K
+37.5%
4 $697.5K$687.5K
-1.4%
5+ $1.1M-
N/A

Summary: 01072 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

01072
+29.4%
01002
+5.7%

Housing Supply in 01072, MA

How many homes are available in 01072, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The 01072 real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 54
-20.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 01072 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 200%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01072, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 01072 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 01072, MA

How long does it take to sell a home in 01072, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days26 Days+18.2%

Summary: Homes in 01072 had an average of 26 days on market in Oct 2024, up by 18.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01072 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 01072; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

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