Is 01520, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01520 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01520 has remained a Seller's Market.

Key Takeaway

01520 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01520, MA

How much do homes in 01520, MA cost?

Median Sold Price

$540,000

$284/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,050(+5.1%)

Key Takeaway

Homes in 01520 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 01520 was $540,000 in November 2024, up 5.1% from last year, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $340K$244K
-28.2%
2 $402.5K$401.1K
-0.3%
3 $457.5K$510.2K
+11.5%
4 $610K$692.5K
+13.5%
5+ $780K$540K
-30.8%

Summary: 01520 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.2%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 30.8%.

Median Sold Price Compared To Nearby Zip Codes

01612
+10.6%
01583
+9.7%
01520
+5.1%
01606
+4.8%

Housing Supply in 01520, MA

How many homes are available in 01520, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4842-12.5%

Summary: The 01520 real estate market had 42 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1411
-21.4%
3 119
-18.2%
4 1818
0.0%
5+ 44
0.0%

Summary: The 01520 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01520, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 01520 in November 2024, down by 15.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for 01520, MA

How long does it take to sell a home in 01520, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days43 Days+162.8%

Summary: Homes in 01520 had an average of 43 days on market in Nov 2024, up by 162.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01520 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 01520; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

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