Is 01612, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01612 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 01612 was a Seller's Market.

Key Takeaway

01612 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 01612, MA

How much do homes in 01612, MA cost?

Median Sold Price

$525,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,500(+10.6%)

Key Takeaway

Homes in 01612 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 01612 was $525,000 in November 2024, up 10.6% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $350K$405K
+15.7%
3 $462.5K$500K
+8.1%
4 $517.5K$692.4K
+33.8%
5+ $735K$749.9K
+2.0%

Summary: 01612 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 15.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 33.8%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Zip Codes

01524
+10.8%
01612
+10.6%
01602
+7.1%
01520
+5.1%
01543
+5.0%

Housing Supply in 01612, MA

How many homes are available in 01612, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
96-33.3%

Summary: The 01612 real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 53
-40.0%
5+ 10
-100.0%

Summary: The 01612 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 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 01612, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 01612 in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 01612, MA

How long does it take to sell a home in 01612, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days34 Days+51.8%

Summary: Homes in 01612 had an average of 34 days on market in Nov 2024, up by 51.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 01612 has remained consistent over time.

Summary: During November 2024, 1 homes were sold in 01612; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in 01612, MA

Nearby Markets to 01612, MA