Is 01098, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01098 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 01098 was a Seller's Market.

Key Takeaway

01098 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 01098, MA

How much do homes in 01098, MA cost?

Median Sold Price

$275,000

$228/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$142,500(-34.1%)

Key Takeaway

Homes in 01098 have sold for 34.1% less than they did a month ago.

Summary: The median home sold price in 01098 was $275,000 in November 2024, down 34.1% from last month, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $265K$275K
+3.8%
3 $570K-
N/A
4 --
N/A
5+ --
N/A

Summary: 01098 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

01011
-18.6%
01098
-34.1%

Housing Supply in 01098, MA

How many homes are available in 01098, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1114+27.3%

Summary: The 01098 real estate market had 14 homes for sale in November 2024, a 27.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 55
0.0%
3 33
0.0%
4 13
+200.0%
5+ 22
0.0%

Summary: The 01098 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01098, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 01098 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 01098, MA

How long does it take to sell a home in 01098, MA?

Average Sale Time

Oct 2024Nov 2024CHANGE
59 Days58 Days-1.7%

Summary: Homes in 01098 had an average of 58 days on market in Nov 2024, down by 1.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in 01098 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 01098; 0% of homes were sold within 30 days, 100% 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 22 Days Ago

Newest Listings in 01098, MA

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