$4,750 Closing Credit*
$400,000
1,092 SqFt
6 Beds
•3 Full Baths
#73310695, Rodney Villette, Listing Office: RE/MAX Synergy
Is 01562, 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, 01562 has remained a Seller's Market.
Key Takeaway
01562 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01562, MA
How much do homes in 01562, MA cost?
Median Sold Price
$425,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$43,250(+11.3%)
Key Takeaway
Homes in 01562 have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in 01562 was $425,000 in October 2024, up 11.3% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $320K | +6.7% |
| 3 Bedrooms | $387.5K | $465K | +20.0% |
| 4 Bedrooms | $381.2K | $489K | +28.3% |
| 5+ Bedrooms | $403.5K | $410.8K | +1.8% |
Summary: 01562 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 6.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Zip Codes
| 01535 | $340K | $380K | +11.8% |
| 01562 | $381.7K | $425K | +11.3% |
| 01524 | $400K | $439K | +9.8% |
| 01612 | $469.5K | $500K | +6.5% |
| 01542 | $406K | $420K | +3.4% |
Housing Supply in 01562, MA
How many homes are available in 01562, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 44 | +4.8% |
Summary: The 01562 real estate market had 44 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 01562 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01562, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 01562 in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for 01562, MA
How long does it take to sell a home in 01562, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 32 Days | +69.0% |
Summary: Homes in 01562 had an average of 32 days on market in Oct 2024, up by 69% compared to last year.
Breakdown of Home Sale Times
4 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 01562 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 01562; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
