$5,047 Closing Credit*
$425,000
1,864 SqFt
3 Beds
•2 Full Baths
#73320871, Lohith Chundi, Listing Office: Real Broker MA, LLC
Is 01506, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 01506 has remained a Seller's Market.
Key Takeaway
01506 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01506, MA
How much do homes in 01506, MA cost?
Median Sold Price
$360,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,000(-2.4%)
Key Takeaway
Homes in 01506 have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in 01506 was $360,000 in November 2024, down 2.4% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $333.5K | $332.5K | -0.3% |
| 3 Bedrooms | $332.9K | $352.5K | +5.9% |
| 4 Bedrooms | $500K | $365.5K | -26.9% |
| 5+ Bedrooms | $409K | $450K | +10.0% |
Summary: 01506 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 26.9%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Zip Codes
| 01535 | $339K | $397.5K | +17.3% |
| 01585 | $352.5K | $392.5K | +11.3% |
| 01506 | $369K | $360K | -2.4% |
Housing Supply in 01506, MA
How many homes are available in 01506, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The 01506 real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 01506 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01506, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 01506 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 01506, MA
How long does it take to sell a home in 01506, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 36 Days | +29.4% |
Summary: Homes in 01506 had an average of 36 days on market in Nov 2024, up by 29.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 01506 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 01506; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
