Is 01075, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01075 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01075 has remained a Seller's Market.

Key Takeaway

01075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01075, MA

How much do homes in 01075, MA cost?

Median Sold Price

$380,000

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+11.8%)

Key Takeaway

Homes in 01075 have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in 01075 was $380,000 in November 2024, up 11.8% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $175.2K$223K
+27.2%
2 $300K$339K
+13.0%
3 $356.7K$386K
+8.2%
4 $380K$463.5K
+22.0%
5+ $366K$527.5K
+44.1%

Summary: 01075 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.2%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 44.1%.

Median Sold Price Compared To Nearby Zip Codes

01075
+11.8%
01020
+10.5%
01040
+4.9%
01035
-6.8%

Housing Supply in 01075, MA

How many homes are available in 01075, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6251-17.7%

Summary: The 01075 real estate market had 51 homes for sale in November 2024, a 17.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2117
-19.0%
3 2620
-23.1%
4 1211
-8.3%
5+ 33
0.0%

Summary: The 01075 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 decreased by 19%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01075, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 01075 in November 2024, up by 7.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 01075, MA

How long does it take to sell a home in 01075, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days29 Days+60.3%

Summary: Homes in 01075 had an average of 29 days on market in Nov 2024, up by 60.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01075 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in 01075; 71% of homes were sold within 30 days, 29% 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

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