Is 01908, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01908 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 01908 was a Seller's Market.

Key Takeaway

01908 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 01908, MA

How much do homes in 01908, MA cost?

Median Sold Price

$915,000

$465/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-1.1%)

Key Takeaway

Homes in 01908 have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in 01908 was $915,000 in October 2024, down 1.1% from last year, and the median price per square foot was $465.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $381.5K$330K
-13.5%
2 $849K$545K
-35.8%
3 $930K$862.5K
-7.3%
4 $955K$1.1M
+20.0%
5+ $1.7M$1.4M
-19.1%

Summary: 01908 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes decreased by 35.8%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 19.1%.

Median Sold Price Compared To Nearby Zip Codes

01902
+7.0%
01908
-1.1%

Housing Supply in 01908, MA

How many homes are available in 01908, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2926-10.3%

Summary: The 01908 real estate market had 26 homes for sale in October 2024, a 10.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 42
-50.0%
3 1010
0.0%
4 98
-11.1%
5+ 65
-16.7%

Summary: The 01908 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01908, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 01908 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 01908, MA

How long does it take to sell a home in 01908, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
74 Days111 Days+49.7%

Summary: Homes in 01908 had an average of 111 days on market in Oct 2024, up by 49.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 01908 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 01908; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

Newest Listings in 01908, MA

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