Is 01966, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01966 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01966 has remained a Seller's Market.

Key Takeaway

01966 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01966, MA

How much do homes in 01966, MA cost?

Median Sold Price

$774,000

$535/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,000(+3.2%)

Key Takeaway

Homes in 01966 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 01966 was $774,000 in November 2024, up 3.2% from last year, and the median price per square foot was $535.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $402.5K$422.5K
+5.0%
2 $549K$695.5K
+26.7%
3 $832K$777K
-6.6%
4 $837.5K$1.3M
+63.9%
5+ $1.9M$1.3M
-32.0%

Summary: 01966 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 63.9%, and 5+ bedroom homes decreased by 32%.

Median Sold Price Compared To Nearby Zip Codes

01930
+11.0%
01966
+3.2%

Housing Supply in 01966, MA

How many homes are available in 01966, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
26260.0%

Summary: The 01966 real estate market had 26 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 76
-14.3%
2 45
+25.0%
3 1010
0.0%
4 23
+50.0%
5+ 32
-33.3%

Summary: The 01966 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 01966, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 01966 in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.

Days on Market for 01966, MA

How long does it take to sell a home in 01966, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days28 Days-47.8%

Summary: Homes in 01966 had an average of 28 days on market in Nov 2024, down by 47.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01966 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 01966; 75% of homes were sold within 30 days, 25% 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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