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 October 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

$625,833

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,333(+7.3%)

Key Takeaway

Homes in 01545 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 01545 was $625,833 in October 2024, up 7.3% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$264K
+17.3%
2 $430K$461K
+7.2%
3 $557.5K$574.9K
+3.1%
4 $789.5K$847K
+7.3%
5+ $850K$1.0M
+23.5%

Summary: 01545 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.3%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 23.5%.

Median Sold Price Compared To Nearby Zip Codes

01536
+14.6%
01532
+13.4%
01604
+12.5%
01605
+8.1%
01545
+7.3%

Housing Supply in 01545, MA

How many homes are available in 01545, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108114+5.6%

Summary: The 01545 real estate market had 114 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 99
0.0%
2 2321
-8.7%
3 2832
+14.3%
4 3640
+11.1%
5+ 1212
0.0%

Summary: The 01545 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 8.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3125-19.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01545, you may be able to get a good deal. 44% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 01545 in October 2024, down by 19.4% month-over-month. Of the 25 sold homes, 44% were sold under asking, 12% were sold at asking, and 44% 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

Oct 2023Oct 2024CHANGE
31 Days26 Days-15.5%

Summary: Homes in 01545 had an average of 26 days on market in Oct 2024, down by 15.5% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

7 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 October 2024, 25 homes were sold in 01545; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 4% 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 16 Days Ago

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