$4,749 Closing Credit*
$399,900
1,306 SqFt
3 Beds
•1 Full Bath
#73314195, Alexandria Beane, Listing Office: Red Door Realty
Is 01566, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 01566 was a Neutral Market.
Key Takeaway
01566 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 01566, MA
How much do homes in 01566, MA cost?
Median Sold Price
$470,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+3.3%)
Key Takeaway
Homes in 01566 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 01566 was $470,000 in October 2024, up 3.3% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | - | N/A |
| 2 Bedrooms | $325K | $349K | +7.4% |
| 3 Bedrooms | $452K | $470K | +4.0% |
| 4 Bedrooms | $550K | $530K | -3.6% |
| 5+ Bedrooms | $467.5K | $595K | +27.3% |
Summary: 01566 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 7.4%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 27.3%.
Housing Supply in 01566, MA
How many homes are available in 01566, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The 01566 real estate market had 31 homes for sale in October 2024, a 24.0% increase 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 | 9 | +50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 01566 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 increased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
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 01566, 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 01566 in October 2024, up by 60.0% 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 01566, MA
How long does it take to sell a home in 01566, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 39 Days | +85.2% |
Summary: Homes in 01566 had an average of 39 days on market in Oct 2024, up by 85.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 01566 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 01566; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
