Is 01742, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01742 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01742 has remained a Seller's Market.

Key Takeaway

01742 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01742, MA

How much do homes in 01742, MA cost?

Median Sold Price

$1,386,000

$524/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,500(-1.1%)

Key Takeaway

Homes in 01742 have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in 01742 was $1,386,000 in November 2024, down 1.1% from last year, and the median price per square foot was $524.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $518.5K$502.5K
-3.1%
2 $632.7K$647.5K
+2.3%
3 $1.1M$1.1M
+3.6%
4 $1.5M$1.5M
+3.0%
5+ $2.4M$2.3M
-5.8%

Summary: 01742 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Zip Codes

01720
+6.4%
01730
+5.0%
01741
+3.8%
01742
-1.1%
01773
-9.0%

Housing Supply in 01742, MA

How many homes are available in 01742, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7455-25.7%

Summary: The 01742 real estate market had 55 homes for sale in November 2024, a 25.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 84
-50.0%
3 1815
-16.7%
4 2313
-43.5%
5+ 2523
-8.0%

Summary: The 01742 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 16.7%, 4 bedroom homes decreased by 43.5%, and 5+ bedroom homes decreased by 8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01742, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 01742 in November 2024, up by 7.1% month-over-month. Of the 15 sold homes, 60% were sold under asking, 7% were sold at asking, and 33% were sold over asking.

Days on Market for 01742, MA

How long does it take to sell a home in 01742, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days43 Days+119.1%

Summary: Homes in 01742 had an average of 43 days on market in Nov 2024, up by 119.1% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01742 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in 01742; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% 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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