Is 01504, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01504 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01504 has remained a Seller's Market.

Key Takeaway

01504 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01504, MA

How much do homes in 01504, MA cost?

Median Sold Price

$437,450

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,450(+6.2%)

Key Takeaway

Homes in 01504 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 01504 was $437,450 in November 2024, up 6.2% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $256.9K$260K
+1.2%
2 $350K$393.7K
+12.5%
3 $452.5K$455K
+0.6%
4 $433K$547.5K
+26.4%
5+ $467.5K$426K
-8.9%

Summary: 01504 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes decreased by 8.9%.

Median Sold Price Compared To Nearby Zip Codes

02895
+13.8%
01756
+8.6%
01504
+6.2%
02019
+4.5%

Housing Supply in 01504, MA

How many homes are available in 01504, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3730-18.9%

Summary: The 01504 real estate market had 30 homes for sale in November 2024, a 18.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 1713
-23.5%
4 76
-14.3%
5+ 44
0.0%

Summary: The 01504 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 22.2%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01504, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 01504 in November 2024, up by 22.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.

Days on Market for 01504, MA

How long does it take to sell a home in 01504, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
83 Days39 Days-53.1%

Summary: Homes in 01504 had an average of 39 days on market in Nov 2024, down by 53.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01504 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 01504; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% 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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