Is 01880, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01880 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01880 has remained a Seller's Market.

Key Takeaway

01880 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01880, MA

How much do homes in 01880, MA cost?

Median Sold Price

$750,000

$442/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$48,000(+6.8%)

Key Takeaway

Homes in 01880 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 01880 was $750,000 in October 2024, up 6.8% from last year, and the median price per square foot was $442.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $415.5K$372K
-10.5%
2 $541K$604.5K
+11.7%
3 $728K$745K
+2.3%
4 $789K$910K
+15.3%
5+ $932.5K$917.5K
-1.6%

Summary: 01880 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

01940
+9.8%
02180
+9.4%
01880
+6.8%
02176
+5.0%
01867
-0.8%

Housing Supply in 01880, MA

How many homes are available in 01880, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6882+20.6%

Summary: The 01880 real estate market had 82 homes for sale in October 2024, a 20.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 1721
+23.5%
3 2533
+32.0%
4 1819
+5.6%
5+ 55
0.0%

Summary: The 01880 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1826+44.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01880, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 01880 in October 2024, up by 44.4% month-over-month. Of the 26 sold homes, 35% were sold under asking, 15% were sold at asking, and 50% were sold over asking.

Days on Market for 01880, MA

How long does it take to sell a home in 01880, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days33 Days+96.2%

Summary: Homes in 01880 had an average of 33 days on market in Oct 2024, up by 96.2% compared to last year.

Breakdown of Home Sale Times

19 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 01880 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 01880; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% 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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