Is 01876, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01876 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 01876 has remained a Seller's Market.

Key Takeaway

01876 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01876, MA

How much do homes in 01876, MA cost?

Median Sold Price

$620,000

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$26,000(+4.4%)

Key Takeaway

Homes in 01876 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 01876 was $620,000 in December 2024, up 4.4% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $378.7K$476K
+25.7%
2 $460K$475K
+3.3%
3 $610K$636K
+4.3%
4 $715.5K$739K
+3.3%
5+ $725K$768.5K
+6.0%

Summary: 01876 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Zip Codes

01852
+10.0%
01887
+8.5%
01876
+4.4%
01821
+4.0%
01862
0.3%

Housing Supply in 01876, MA

How many homes are available in 01876, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6047-21.7%

Summary: The 01876 real estate market had 47 homes for sale in December 2024, a 21.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1712
-29.4%
3 2217
-22.7%
4 1815
-16.7%
5+ 33
0.0%

Summary: The 01876 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 decreased by 29.4%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2723-14.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01876, you could pay more than the asking price. 60.9% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in 01876 in December 2024, down by 14.8% month-over-month. Of the 23 sold homes, 35% were sold under asking, 4% were sold at asking, and 61% were sold over asking.

Days on Market for 01876, MA

How long does it take to sell a home in 01876, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
28 Days25 Days-11.5%

Summary: Homes in 01876 had an average of 25 days on market in Dec 2024, down by 11.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01876 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 23 homes were sold in 01876; 70% of homes were sold within 30 days, 30% 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 5 Days Ago

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