Is 01983, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 01983 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 01983 has remained a Seller's Market.

Key Takeaway

01983 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 01983, MA

How much do homes in 01983, MA cost?

Median Sold Price

$890,000

$347/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+5.3%)

Key Takeaway

Homes in 01983 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 01983 was $890,000 in November 2024, up 5.3% from last year, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $399K$425K
+6.5%
2 $565K$694.5K
+22.9%
3 $722K$808.2K
+11.9%
4 $917.5K$987.5K
+7.6%
5+ $730K$1.1M
+57.5%

Summary: 01983 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 57.5%.

Median Sold Price Compared To Nearby Zip Codes

01982
+17.7%
01983
+5.3%
01949
+3.0%
01923
-1.6%

Housing Supply in 01983, MA

How many homes are available in 01983, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2520-20.0%

Summary: The 01983 real estate market had 20 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 64
-33.3%
4 1210
-16.7%
5+ 34
+33.3%

Summary: The 01983 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 decreased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

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 01983, 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 01983 in November 2024, up by 14.3% 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 01983, MA

How long does it take to sell a home in 01983, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days40 Days-3.8%

Summary: Homes in 01983 had an average of 40 days on market in Nov 2024, down by 3.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 01983 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 01983; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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

Newest Listings in 01983, MA

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