Is 01801, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01801 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01801 has remained a Seller's Market.

Key Takeaway

01801 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01801, MA

How much do homes in 01801, MA cost?

Median Sold Price

$738,666

$421/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$88,666(+13.6%)

Key Takeaway

Homes in 01801 have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in 01801 was $738,666 in October 2024, up 13.6% from last year, and the median price per square foot was $421.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $319K$315K
-1.3%
2 $580K$550K
-5.2%
3 $640K$720K
+12.5%
4 $760K$850K
+11.8%
5+ $805K$889K
+10.4%

Summary: 01801 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Zip Codes

01801
+13.6%
02180
+9.4%
01890
+8.8%
01803
+6.0%
01867
-0.8%

Housing Supply in 01801, MA

How many homes are available in 01801, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
100108+8.0%

Summary: The 01801 real estate market had 108 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 74
-42.9%
2 1418
+28.6%
3 3137
+19.4%
4 3840
+5.3%
5+ 109
-10.0%

Summary: The 01801 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2437+54.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01801, you could pay more than the asking price. 64.9% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in 01801 in October 2024, up by 54.2% month-over-month. Of the 37 sold homes, 24% were sold under asking, 11% were sold at asking, and 65% were sold over asking.

Days on Market for 01801, MA

How long does it take to sell a home in 01801, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days19 Days-34.6%

Summary: Homes in 01801 had an average of 19 days on market in Oct 2024, down by 34.6% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01801 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 37 homes were sold in 01801; 89% of homes were sold within 30 days, 11% 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 16 Days Ago

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