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 December 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

$430,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$18,000(+4.4%)

Key Takeaway

Homes in 01504 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 01504 was $430,000 in December 2024, up 4.4% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $256.9K$260K
+1.2%
2 $350K$380K
+8.6%
3 $445K$439.9K
-1.1%
4 $433K$560K
+29.3%
5+ $467.5K$426K
-8.9%

Summary: 01504 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes decreased by 8.9%.

Median Sold Price Compared To Nearby Zip Codes

02895
+13.7%
01756
+10.1%
02019
+6.5%
01504
+4.4%

Housing Supply in 01504, MA

How many homes are available in 01504, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3021-30.0%

Summary: The 01504 real estate market had 21 homes for sale in December 2024, a 30.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1510
-33.3%
4 52
-60.0%
5+ 43
-25.0%

Summary: The 01504 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 01504 in December 2024, down by 58.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Dec 2023Dec 2024CHANGE
18 Days33 Days+77.3%

Summary: Homes in 01504 had an average of 33 days on market in Dec 2024, up by 77.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 01504 has remained consistent over time.

Summary: During December 2024, 5 homes were sold in 01504; 40% of homes were sold within 30 days, 60% 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 7 Days Ago

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