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 October 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

$622,500

$327/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+2.0%)

Key Takeaway

Homes in 01860 have sold for 2% more than they did a year ago.

Summary: The median home sold price in 01860 was $622,500 in October 2024, up 2% from last year, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $344K-
N/A
2 $639.9K$469.4K
-26.6%
3 $552.5K$615K
+11.3%
4 $894.5K$772.5K
-13.6%
5+ $1.0M$975K
-7.1%

Summary: 01860 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 decreased by 26.6%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Zip Codes

01985
+11.4%
01830
+8.7%
01860
+2.0%
01913
-0.9%

Housing Supply in 01860, MA

How many homes are available in 01860, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1716-5.9%

Summary: The 01860 real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1210
-16.7%
4 34
+33.3%
5+ 01
+100.0%

Summary: The 01860 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 decreased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01860, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 01860 in October 2024, the same as the previous month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% 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

Oct 2023Oct 2024CHANGE
52 Days23 Days-55.7%

Summary: Homes in 01860 had an average of 23 days on market in Oct 2024, down by 55.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 5 homes were sold in 01860; 80% of homes were sold within 30 days, 20% 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 26 Days Ago

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