$3,919 Closing Credit*
$330,000
1,320 SqFt
2 Beds
•1 Full Bath, 1 Partial
#73313061, Debra Rivera, Listing Office: 1 Worcester Homes
Is 01540, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 01540 has remained a Seller's Market.
Key Takeaway
01540 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01540, MA
How much do homes in 01540, MA cost?
Median Sold Price
$425,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,000(+11.8%)
Key Takeaway
Homes in 01540 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 01540 was $425,000 in October 2024, up 11.8% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | - | N/A |
| 2 Bedrooms | $295K | $354.5K | +20.2% |
| 3 Bedrooms | $390K | $422K | +8.2% |
| 4 Bedrooms | $357K | $490K | +37.3% |
| 5+ Bedrooms | $459K | $530K | +15.5% |
Summary: 01540 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 37.3%, and 5+ bedroom homes increased by 15.5%.
Housing Supply in 01540, MA
How many homes are available in 01540, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 35 | -5.4% |
Summary: The 01540 real estate market had 35 homes for sale in October 2024, a 5.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 01540 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 decreased by 16.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01540, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 01540 in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for 01540, MA
How long does it take to sell a home in 01540, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 31 Days | +33.8% |
Summary: Homes in 01540 had an average of 31 days on market in Oct 2024, up by 33.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01540 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 01540; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
