Is 01826, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01826 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01826 has remained a Seller's Market.

Key Takeaway

01826 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01826, MA

How much do homes in 01826, MA cost?

Median Sold Price

$511,000

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,500(+9.1%)

Key Takeaway

Homes in 01826 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 01826 was $511,000 in October 2024, up 9.1% from last year, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $170K$244.9K
+44.1%
2 $312K$354.9K
+13.8%
3 $515K$567K
+10.1%
4 $596.5K$706K
+18.4%
5+ $740K$710K
-4.1%

Summary: 01826 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.1%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 4.1%.

Median Sold Price Compared To Nearby Zip Codes

01850
+12.1%
01852
+10.5%
01826
+9.1%
01854
+7.8%

Housing Supply in 01826, MA

How many homes are available in 01826, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9598+3.2%

Summary: The 01826 real estate market had 98 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 3232
0.0%
3 2627
+3.8%
4 2731
+14.8%
5+ 106
-40.0%

Summary: The 01826 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3426-23.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01826, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 01826 in October 2024, down by 23.5% month-over-month. Of the 26 sold homes, 27% were sold under asking, 19% were sold at asking, and 54% were sold over asking.

Days on Market for 01826, MA

How long does it take to sell a home in 01826, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days21 Days+38.7%

Summary: Homes in 01826 had an average of 21 days on market in Oct 2024, up by 38.7% compared to last year.

Breakdown of Home Sale Times

22 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 01826 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 01826; 85% of homes were sold within 30 days, 15% 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 20 Days Ago

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