Is 01854, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01854 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01854 has remained a Seller's Market.

Key Takeaway

01854 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01854, MA

How much do homes in 01854, MA cost?

Median Sold Price

$485,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+7.8%)

Key Takeaway

Homes in 01854 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 01854 was $485,000 in October 2024, up 7.8% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K$346.9K
+38.8%
2 $313K$347.5K
+11.0%
3 $460K$505K
+9.8%
4 $537.5K$522.2K
-2.8%
5+ $625K$632.5K
+1.2%

Summary: 01854 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.8%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Zip Codes

01850
+12.1%
01852
+10.5%
01826
+9.1%
01854
+7.8%
01851
+1.6%

Housing Supply in 01854, MA

How many homes are available in 01854, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
49490.0%

Summary: The 01854 real estate market had 49 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 24
+100.0%
2 1616
0.0%
3 1713
-23.5%
4 57
+40.0%
5+ 99
0.0%

Summary: The 01854 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 decreased by 23.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1419+35.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01854, you could pay more than the asking price. 68.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in 01854 in October 2024, up by 35.7% month-over-month. Of the 19 sold homes, 32% were sold under asking, 0% were sold at asking, and 68% were sold over asking.

Days on Market for 01854, MA

How long does it take to sell a home in 01854, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days35 Days+111.2%

Summary: Homes in 01854 had an average of 35 days on market in Oct 2024, up by 111.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01854 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 19 homes were sold in 01854; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% 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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