Is 01904, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01904 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 01904 has remained a Seller's Market.

Key Takeaway

01904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01904, MA

How much do homes in 01904, MA cost?

Median Sold Price

$600,000

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+6.2%)

Key Takeaway

Homes in 01904 have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in 01904 was $600,000 in October 2024, up 6.2% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $273K$330K
+20.9%
2 $419.5K$465K
+10.8%
3 $552.5K$610K
+10.4%
4 $650K$665K
+2.3%
5+ $750K$724K
-3.5%

Summary: 01904 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Zip Codes

01960
+11.1%
01970
+10.4%
01905
+9.4%
01902
+7.0%
01904
+6.2%

Housing Supply in 01904, MA

How many homes are available in 01904, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6352-17.5%

Summary: The 01904 real estate market had 52 homes for sale in October 2024, a 17.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 96
-33.3%
3 3525
-28.6%
4 1314
+7.7%
5+ 34
+33.3%

Summary: The 01904 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 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2319-17.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01904, you could pay more than the asking price. 68.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in 01904 in October 2024, down by 17.4% month-over-month. Of the 19 sold homes, 16% were sold under asking, 16% were sold at asking, and 68% were sold over asking.

Days on Market for 01904, MA

How long does it take to sell a home in 01904, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days20 Days-9.3%

Summary: Homes in 01904 had an average of 20 days on market in Oct 2024, down by 9.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01904 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 19 homes were sold in 01904; 95% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% 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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