Is 01860, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01860 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 01860 has remained a Seller's Market.

Key Takeaway

01860 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01860, MA

How much do homes in 01860, MA cost?

Median Sold Price

$642,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$52,500(+8.9%)

Key Takeaway

Homes in 01860 have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in 01860 was $642,000 in December 2024, up 8.9% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $344K-
N/A
2 $639.9K$469.9K
-26.6%
3 $550K$599.9K
+9.1%
4 $865K$807.5K
-6.6%
5+ $1.0M$975K
-3.2%

Summary: 01860 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

01985
+21.7%
01860
+8.9%
01830
+7.1%
01913
-1.4%
03858
-17.6%

Housing Supply in 01860, MA

How many homes are available in 01860, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
137-46.2%

Summary: The 01860 real estate market had 7 homes for sale in December 2024, a 46.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 86
-25.0%
4 41
-75.0%
5+ 10
-100.0%

Summary: The 01860 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01860, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 01860 in December 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 01860, MA

How long does it take to sell a home in 01860, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
35 Days46 Days+31.6%

Summary: Homes in 01860 had an average of 46 days on market in Dec 2024, up by 31.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01860 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in 01860; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 6 Days Ago

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