Is 01945, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01945 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 01945 has remained a Seller's Market.

Key Takeaway

01945 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01945, MA

How much do homes in 01945, MA cost?

Median Sold Price

$956,750

$519/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$74,250(+8.4%)

Key Takeaway

Homes in 01945 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 01945 was $956,750 in December 2024, up 8.4% from last year, and the median price per square foot was $519.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $404.5K$410K
+1.4%
2 $622K$740K
+19.0%
3 $850K$948K
+11.5%
4 $1.1M$1.2M
+13.6%
5+ $1.6M$1.8M
+18.6%

Summary: 01945 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Zip Codes

01970
+9.7%
01945
+8.4%
01915
+3.8%
01944
-11.9%

Housing Supply in 01945, MA

How many homes are available in 01945, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4833-31.3%

Summary: The 01945 real estate market had 33 homes for sale in December 2024, a 31.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 66
0.0%
3 1511
-26.7%
4 158
-46.7%
5+ 118
-27.3%

Summary: The 01945 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01945, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 01945 in December 2024, down by 47.1% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for 01945, MA

How long does it take to sell a home in 01945, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
41 Days48 Days+15.6%

Summary: Homes in 01945 had an average of 48 days on market in Dec 2024, up by 15.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01945 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 9 homes were sold in 01945; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 6 Days Ago

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