Is 01540, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01540 is a seller's market

Buyer's
Market

Difference Since November 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

$426,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,000(+9.2%)

Key Takeaway

Homes in 01540 have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in 01540 was $426,000 in November 2024, up 9.2% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K-
N/A
2 $300K$360K
+20.0%
3 $391K$425K
+8.7%
4 $400K$490K
+22.5%
5+ $438K$558.5K
+27.5%

Summary: 01540 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 increased by 20%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 27.5%.

Median Sold Price Compared To Nearby Zip Codes

01540
+9.2%
01570
+9.2%
01590
+3.9%
01501
+1.2%

Housing Supply in 01540, MA

How many homes are available in 01540, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3528-20.0%

Summary: The 01540 real estate market had 28 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1916
-15.8%
4 105
-50.0%
5+ 12
+100.0%

Summary: The 01540 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 15.8%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
126-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01540, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 01540 in November 2024, down by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
20 Days27 Days+33.9%

Summary: Homes in 01540 had an average of 27 days on market in Nov 2024, up by 33.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01540 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 01540; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

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