Is 01451, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01451 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 01451 has remained a Buyer's Market.

Key Takeaway

01451 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 01451, MA

How much do homes in 01451, MA cost?

Median Sold Price

$985,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$102,500(+11.6%)

Key Takeaway

Homes in 01451 have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in 01451 was $985,000 in October 2024, up 11.6% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $698.8K$541.2K
-22.6%
3 $750K$837K
+11.6%
4 $1.0M$990K
-5.7%
5+ $1.4M$1.3M
-7.9%

Summary: 01451 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 decreased by 22.6%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 7.9%.

Median Sold Price Compared To Nearby Zip Codes

01719
+44.7%
01523
+21.2%
01740
+15.2%
01451
+11.6%

Housing Supply in 01451, MA

How many homes are available in 01451, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2832+14.3%

Summary: The 01451 real estate market had 32 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 910
+11.1%
4 1112
+9.1%
5+ 66
0.0%

Summary: The 01451 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01451, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 01451 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 01451, MA

How long does it take to sell a home in 01451, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days25 Days+35.1%

Summary: Homes in 01451 had an average of 25 days on market in Oct 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

2 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

Many homes in 01451 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 01451; 67% of homes were sold within 30 days, 33% 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 26 Days Ago

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