Is 01590, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01590 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 01590 was a Seller's Market.

Key Takeaway

01590 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 01590, MA

How much do homes in 01590, MA cost?

Median Sold Price

$587,000

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,000(+3.9%)

Key Takeaway

Homes in 01590 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 01590 was $587,000 in November 2024, up 3.9% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$375K
N/A
2 $400K$453.7K
+13.4%
3 $580K$639.9K
+10.3%
4 $670K$735K
+9.7%
5+ $699.9K$946.5K
+35.2%

Summary: 01590 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 13.4%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 35.2%.

Median Sold Price Compared To Nearby Zip Codes

01588
+4.6%
01527
+4.3%
01590
+3.9%
01534
-2.6%
01560
-3.1%

Housing Supply in 01590, MA

How many homes are available in 01590, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2922-24.1%

Summary: The 01590 real estate market had 22 homes for sale in November 2024, a 24.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 129
-25.0%
4 97
-22.2%
5+ 44
0.0%

Summary: The 01590 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 decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01590, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 01590 in November 2024, down by 70.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 01590, MA

How long does it take to sell a home in 01590, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days40 Days+4.3%

Summary: Homes in 01590 had an average of 40 days on market in Nov 2024, up by 4.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in 01590 has remained consistent over time.

Summary: During November 2024, 3 homes were sold in 01590; 33% of homes were sold within 30 days, 67% 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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