Is 01827, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01827 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01827 has remained a Seller's Market.

Key Takeaway

01827 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01827, MA

How much do homes in 01827, MA cost?

Median Sold Price

$915,000

$337/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$115,000(+14.4%)

Key Takeaway

Homes in 01827 have sold for 14.4% more than they did a year ago.

Summary: The median home sold price in 01827 was $915,000 in October 2024, up 14.4% from last year, and the median price per square foot was $337.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $400K$605K
+51.2%
3 $741K$680K
-8.2%
4 $900K$953.5K
+5.9%
5+ $1.0M$1.1M
+15.1%

Summary: 01827 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 51.2%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 15.1%.

Median Sold Price Compared To Nearby Zip Codes

01879
+20.0%
01827
+14.4%
01463
+7.9%
01450
0.0%

Housing Supply in 01827, MA

How many homes are available in 01827, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
78+14.3%

Summary: The 01827 real estate market had 8 homes for sale in October 2024, a 14.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 45
+25.0%
5+ 11
0.0%

Summary: The 01827 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01827, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 01827 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 01827, MA

How long does it take to sell a home in 01827, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days10 Days-40.7%

Summary: Homes in 01827 had an average of 10 days on market in Oct 2024, down by 40.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01827 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 01827; 100% of homes were sold within 30 days, 0% 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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