Is 01748, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01748 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01748 has remained a Seller's Market.

Key Takeaway

01748 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01748, MA

How much do homes in 01748, MA cost?

Median Sold Price

$942,000

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$105,000(+12.5%)

Key Takeaway

Homes in 01748 have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in 01748 was $942,000 in October 2024, up 12.5% from last year, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $480K-
N/A
2 $724K$749.9K
+3.6%
3 $685K$652.4K
-4.8%
4 $1.2M$1.2M
+2.9%
5+ $1.4M$1.7M
+20.0%

Summary: 01748 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 3.6%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Zip Codes

01748
+12.5%
01721
+7.3%
01772
+5.3%
01746
+3.6%
01581
-3.4%

Housing Supply in 01748, MA

How many homes are available in 01748, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6965-5.8%

Summary: The 01748 real estate market had 65 homes for sale in October 2024, a 5.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 2318
-21.7%
3 812
+50.0%
4 2524
-4.0%
5+ 1211
-8.3%

Summary: The 01748 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 21.7%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01748, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in 01748 in October 2024, up by 5.9% month-over-month. Of the 18 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 01748, MA

How long does it take to sell a home in 01748, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days35 Days-25.2%

Summary: Homes in 01748 had an average of 35 days on market in Oct 2024, down by 25.2% compared to last year.

Breakdown of Home Sale Times

12 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 01748 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 01748; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% 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 14 Days Ago

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