Is 01740, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01740 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01740 has remained a Seller's Market.

Key Takeaway

01740 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01740, MA

How much do homes in 01740, MA cost?

Median Sold Price

$928,500

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$58,500(+6.7%)

Key Takeaway

Homes in 01740 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 01740 was $928,500 in November 2024, up 6.7% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $330K-
N/A
2 $640K$660K
+3.1%
3 $650K$825K
+26.9%
4 $930K$1.1M
+19.6%
5+ $1.4M$1.3M
-3.3%

Summary: 01740 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 3.1%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 3.3%.

Median Sold Price Compared To Nearby Zip Codes

01523
+21.8%
01451
+9.1%
01510
+6.8%
01740
+6.7%

Housing Supply in 01740, MA

How many homes are available in 01740, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2726-3.7%

Summary: The 01740 real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 33
0.0%
4 1613
-18.8%
5+ 57
+40.0%

Summary: The 01740 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 18.8%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01740, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 01740 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.

Days on Market for 01740, MA

How long does it take to sell a home in 01740, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days33 Days+18.4%

Summary: Homes in 01740 had an average of 33 days on market in Nov 2024, up by 18.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01740 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 01740; 57% of homes were sold within 30 days, 43% 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

Newest Listings in 01740, MA

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