$58,500
0.96 Acres
Land
#73305942, Alan Litchfield, Listing Office: Keller Williams Realty Boston Northwest
Is 01431, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 01431 has remained a Seller's Market.
Key Takeaway
01431 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01431, MA
How much do homes in 01431, MA cost?
Median Sold Price
$435,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.4%)
Key Takeaway
Homes in 01431 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 01431 was $435,000 in October 2024, up 2.4% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $382.5K | +50.0% |
| 3 Bedrooms | $422.5K | $430K | +1.8% |
| 4 Bedrooms | $487.5K | $449.5K | -7.8% |
| 5+ Bedrooms | $511.2K | $725K | +41.8% |
Summary: 01431 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 increased by 50%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 41.8%.
Median Sold Price Compared To Nearby Zip Codes
| 01474 | $420K | $480K | +14.3% |
| 01431 | $425K | $435K | +2.4% |
| 01430 | $445K | $430K | -3.4% |
Housing Supply in 01431, MA
How many homes are available in 01431, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The 01431 real estate market had 9 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 01431 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 01431, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 01431 in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 01431, MA
How long does it take to sell a home in 01431, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 26 Days | -61.8% |
Summary: Homes in 01431 had an average of 26 days on market in Oct 2024, down by 61.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01431 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 01431; 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.
