Is 01610, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01610 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01610 has remained a Seller's Market.

Key Takeaway

01610 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01610, MA

How much do homes in 01610, MA cost?

Median Sold Price

$487,500

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-0.5%)

Key Takeaway

Homes in 01610 have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in 01610 was $487,500 in October 2024, down 0.5% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $160K-
N/A
2 $230K$267K
+16.1%
3 $360K$380K
+5.6%
4 $387.5K$462.5K
+19.4%
5+ $585K$627.5K
+7.3%

Summary: 01610 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 16.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Zip Codes

01604
+12.5%
01607
+7.8%
01603
+4.0%
01610
-0.5%

Housing Supply in 01610, MA

How many homes are available in 01610, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23230.0%

Summary: The 01610 real estate market had 23 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 55
0.0%
4 00
0.0%
5+ 1615
-6.3%

Summary: The 01610 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01610, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 01610 in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 01610, MA

How long does it take to sell a home in 01610, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days46 Days+106.5%

Summary: Homes in 01610 had an average of 46 days on market in Oct 2024, up by 106.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01610 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 01610; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 23 Days Ago

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