Is 01545, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01545 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01545 has remained a Seller's Market.

Key Takeaway

01545 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01545, MA

How much do homes in 01545, MA cost?

Median Sold Price

$634,666

$332/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$51,166(+8.8%)

Key Takeaway

Homes in 01545 have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in 01545 was $634,666 in November 2024, up 8.8% from last year, and the median price per square foot was $332.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $238K$265K
+11.3%
2 $435K$465K
+6.9%
3 $552K$582K
+5.4%
4 $789K$855K
+8.4%
5+ $850K$1.0M
+23.5%

Summary: 01545 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 23.5%.

Median Sold Price Compared To Nearby Zip Codes

01604
+14.1%
01532
+9.3%
01545
+8.8%
01536
+7.7%
01605
+5.9%

Housing Supply in 01545, MA

How many homes are available in 01545, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
120100-16.7%

Summary: The 01545 real estate market had 100 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 107
-30.0%
2 2423
-4.2%
3 3327
-18.2%
4 4134
-17.1%
5+ 129
-25.0%

Summary: The 01545 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2837+32.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01545, you could pay more than the asking price. 62.2% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in 01545 in November 2024, up by 32.1% month-over-month. Of the 37 sold homes, 30% were sold under asking, 8% were sold at asking, and 62% were sold over asking.

Days on Market for 01545, MA

How long does it take to sell a home in 01545, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days27 Days+59.1%

Summary: Homes in 01545 had an average of 27 days on market in Nov 2024, up by 59.1% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01545 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 37 homes were sold in 01545; 70% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 3% 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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