Is 01503, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01503 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 01503 was a Seller's Market.

Key Takeaway

01503 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 01503, MA

How much do homes in 01503, MA cost?

Median Sold Price

$520,000

$261/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$87,500(+20.2%)

Key Takeaway

Homes in 01503 have sold for 20.2% more than they did a month ago.

Summary: The median home sold price in 01503 was $520,000 in October 2024, up 20.2% from last month, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $432.5K-
N/A
4 -$520K
N/A
5+ --
N/A

Summary: 01503 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 01503, MA

How many homes are available in 01503, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
814+75.0%

Summary: The 01503 real estate market had 14 homes for sale in October 2024, a 75.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 26
+200.0%
3 43
-25.0%
4 24
+100.0%
5+ 01
+100.0%

Summary: The 01503 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 200%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

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 01503, 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 01503 in October 2024, down by 50.0% 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 01503, MA

How long does it take to sell a home in 01503, MA?

Average Sale Time

Sep 2024Oct 2024CHANGE
80 Days28 Days-65.0%

Summary: Homes in 01503 had an average of 28 days on market in Oct 2024, down by 65% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01503 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 01503; 100% of homes were sold within 30 days, 0% 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 01503, MA

Nearby Markets to 01503, MA