Is 01864, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01864 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01864 has remained a Seller's Market.

Key Takeaway

01864 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01864, MA

How much do homes in 01864, MA cost?

Median Sold Price

$706,035

$401/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,035(+4.4%)

Key Takeaway

Homes in 01864 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 01864 was $706,035 in October 2024, up 4.4% from last year, and the median price per square foot was $401.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $464.9K$467.7K
+0.6%
2 $600K$641K
+6.8%
3 $720K$767.5K
+6.6%
4 $1.1M$1.1M
-3.1%
5+ $1.0M$1.3M
+22.7%

Summary: 01864 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Zip Codes

01940
+9.8%
01887
+9.6%
01949
+5.1%
01864
+4.4%
01867
-0.8%

Housing Supply in 01864, MA

How many homes are available in 01864, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5564+16.4%

Summary: The 01864 real estate market had 64 homes for sale in October 2024, a 16.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 36
+100.0%
2 914
+55.6%
3 2523
-8.0%
4 1316
+23.1%
5+ 55
0.0%

Summary: The 01864 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 increased by 55.6%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01864, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 01864 in October 2024, up by 16.7% month-over-month. Of the 14 sold homes, 21% were sold under asking, 0% were sold at asking, and 79% were sold over asking.

Days on Market for 01864, MA

How long does it take to sell a home in 01864, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days41 Days+98.0%

Summary: Homes in 01864 had an average of 41 days on market in Oct 2024, up by 98% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01864 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 01864; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

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