Is 01151, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01151 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 01151 was a Seller's Market.

Key Takeaway

01151 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 01151, MA

How much do homes in 01151, MA cost?

Median Sold Price

$295,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+11.3%)

Key Takeaway

Homes in 01151 have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in 01151 was $295,000 in November 2024, up 11.3% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $182K-
N/A
2 $230K$242.5K
+5.4%
3 $260K$257.5K
-1.0%
4 $290K$325K
+12.1%
5+ $351.5K$332.5K
-5.4%

Summary: 01151 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 5.4%.

Median Sold Price Compared To Nearby Zip Codes

01129
+11.5%
01151
+11.3%
01020
+10.5%
01056
+9.8%
01119
+5.1%

Housing Supply in 01151, MA

How many homes are available in 01151, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
919+111.1%

Summary: The 01151 real estate market had 19 homes for sale in November 2024, a 111.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 02
+100.0%
3 56
+20.0%
4 36
+100.0%
5+ 14
+300.0%

Summary: The 01151 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 increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were 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 01151, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 01151 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 01151, MA

How long does it take to sell a home in 01151, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days64 Days+140.9%

Summary: Homes in 01151 had an average of 64 days on market in Nov 2024, up by 140.9% compared to last year.

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 01151 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 01151; 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 21 Days Ago

Newest Listings in 01151, MA

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