Is 01776, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01776 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01776 has remained a Seller's Market.

Key Takeaway

01776 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01776, MA

How much do homes in 01776, MA cost?

Median Sold Price

$1,150,000

$388/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$100,000(+9.5%)

Key Takeaway

Homes in 01776 have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in 01776 was $1,150,000 in November 2024, up 9.5% from last year, and the median price per square foot was $388.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $440K$549K
+24.8%
2 $720K$852.5K
+18.4%
3 $757.5K$882.5K
+16.5%
4 $1.1M$1.2M
+9.1%
5+ $1.7M$1.7M
0.0%

Summary: 01776 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.8%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

01776
+9.5%
01754
+5.7%
01778
0.0%
01742
-1.1%
01775
-1.3%

Housing Supply in 01776, MA

How many homes are available in 01776, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5442-22.2%

Summary: The 01776 real estate market had 42 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 97
-22.2%
4 2214
-36.4%
5+ 1513
-13.3%

Summary: The 01776 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 decreased by 22.2%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01776, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 01776 in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for 01776, MA

How long does it take to sell a home in 01776, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days40 Days-21.6%

Summary: Homes in 01776 had an average of 40 days on market in Nov 2024, down by 21.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 01776 has remained consistent over time.

Summary: During November 2024, 13 homes were sold in 01776; 38% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 8% 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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