$7,718 Closing Credit*
$649,900
1,058 SqFt
2 Beds
•1 Full Bath, 1 Partial
#73313194, Dianne Mitchell, Listing Office: ERA Key Realty Services - Worcester
Is 01776, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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 October 2023
+$110,000(+10.6%)
Key Takeaway
Homes in 01776 have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in 01776 was $1,150,000 in October 2024, up 10.6% from last year, and the median price per square foot was $388.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $440K | $549K | +24.8% |
| 2 Bedrooms | $715K | $832.2K | +16.4% |
| 3 Bedrooms | $760K | $885K | +16.4% |
| 4 Bedrooms | $1.1M | $1.2M | +8.8% |
| 5+ Bedrooms | $1.7M | $1.7M | +2.0% |
Summary: 01776 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.8%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Zip Codes
| 01776 | $1.0M | $1.1M | +10.6% |
| 01775 | $737.7K | $787.5K | +6.7% |
| 01778 | $1.0M | $1.0M | +4.4% |
| 01754 | $525K | $541K | +3.0% |
| 01742 | $1.4M | $1.3M | -1.6% |
Housing Supply in 01776, MA
How many homes are available in 01776, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 53 | -15.9% |
Summary: The 01776 real estate market had 53 homes for sale in October 2024, a 15.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 23 | 22 | -4.3% |
| 5+ Bedrooms | 20 | 13 | -35.0% |
Summary: The 01776 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 increased by 16.7%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 35%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 01776, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 01776 in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 31 Days | -33.3% |
Summary: Homes in 01776 had an average of 31 days on market in Oct 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 01776 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 01776; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
