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 November 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

$370/sqft

Based on all homes sold in the last 12 months.

Difference Since November 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 November 2024, up 6.2% from last year, and the median price per square foot was $370.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $270K$336K
+24.4%
2 $409.5K$490K
+19.7%
3 $560K$610K
+8.9%
4 $657.5K$650K
-1.1%
5+ $757.5K$770K
+1.7%

Summary: 01904 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.4%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Zip Codes

01960
+10.9%
01905
+10.4%
01970
+10.0%
01904
+6.2%
01902
+5.4%

Housing Supply in 01904, MA

How many homes are available in 01904, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5747-17.5%

Summary: The 01904 real estate market had 47 homes for sale in November 2024, a 17.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 811
+37.5%
3 2820
-28.6%
4 1412
-14.3%
5+ 54
-20.0%

Summary: The 01904 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2117-19.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 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. 76.5% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 01904 in November 2024, down by 19.0% month-over-month. Of the 17 sold homes, 12% were sold under asking, 12% were sold at asking, and 76% 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

Nov 2023Nov 2024CHANGE
29 Days17 Days-40.6%

Summary: Homes in 01904 had an average of 17 days on market in Nov 2024, down by 40.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 17 homes were sold in 01904; 82% of homes were sold within 30 days, 18% 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 17 Days Ago

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