Is 01843, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01843 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01843 has remained a Seller's Market.

Key Takeaway

01843 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01843, MA

How much do homes in 01843, MA cost?

Median Sold Price

$560,000

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,400(+6.7%)

Key Takeaway

Homes in 01843 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 01843 was $560,000 in November 2024, up 6.7% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$216K
N/A
2 $350K$284.6K
-18.7%
3 $460K$538.2K
+17.0%
4 $479K$560K
+16.9%
5+ $675K$750K
+11.1%

Summary: 01843 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.7%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

01841
+8.9%
01843
+6.7%
01810
+4.2%
01845
+2.9%

Housing Supply in 01843, MA

How many homes are available in 01843, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4637-19.6%

Summary: The 01843 real estate market had 37 homes for sale in November 2024, a 19.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2419
-20.8%
4 33
0.0%
5+ 1411
-21.4%

Summary: The 01843 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 decreased by 20%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01843, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 01843 in November 2024, down by 20.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 8% were sold at asking, and 75% were sold over asking.

Days on Market for 01843, MA

How long does it take to sell a home in 01843, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days24 Days-6.2%

Summary: Homes in 01843 had an average of 24 days on market in Nov 2024, down by 6.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01843 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 01843; 67% of homes were sold within 30 days, 25% 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 21 Days Ago

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