Is 01475, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01475 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01475 has remained a Seller's Market.

Key Takeaway

01475 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01475, MA

How much do homes in 01475, MA cost?

Median Sold Price

$390,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,800(+10.7%)

Key Takeaway

Homes in 01475 have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in 01475 was $390,000 in November 2024, up 10.7% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $242K$199.9K
-17.4%
2 $181K$292.5K
+61.6%
3 $380K$397.5K
+4.6%
4 $379K$401.4K
+5.9%
5+ $327.5K$409K
+24.9%

Summary: 01475 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 61.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 24.9%.

Median Sold Price Compared To Nearby Zip Codes

01440
+17.0%
01436
+13.5%
01475
+10.7%
03461
-2.3%

Housing Supply in 01475, MA

How many homes are available in 01475, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4241-2.4%

Summary: The 01475 real estate market had 41 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2730
+11.1%
4 75
-28.6%
5+ 65
-16.7%

Summary: The 01475 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 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
716+128.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01475, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in 01475 in November 2024, up by 128.6% month-over-month. Of the 16 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 01475, MA

How long does it take to sell a home in 01475, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days42 Days+5.7%

Summary: Homes in 01475 had an average of 42 days on market in Nov 2024, up by 5.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01475 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 01475; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% 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 2 Days Ago

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