Is 02025, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02025 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 02025 has remained a Neutral Market.

Key Takeaway

02025 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 02025, MA

How much do homes in 02025, MA cost?

Median Sold Price

$1,375,000

$474/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+0.9%)

Key Takeaway

Homes in 02025 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 02025 was $1,375,000 in October 2024, up 0.9% from last year, and the median price per square foot was $474.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $432.5K$1.2M
+183.2%
2 $705K$750K
+6.4%
3 $944K$935K
-1.0%
4 $1.4M$1.4M
-0.1%
5+ $1.9M$2.3M
+19.0%

Summary: 02025 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 183.2%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 19%.

Median Sold Price Compared To Nearby Zip Codes

02045
+14.5%
02043
+10.5%
02025
+0.9%
02066
0.0%

Housing Supply in 02025, MA

How many homes are available in 02025, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4038-5.0%

Summary: The 02025 real estate market had 38 homes for sale in October 2024, a 5.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 31
-66.7%
2 55
0.0%
3 66
0.0%
4 1314
+7.7%
5+ 1312
-7.7%

Summary: The 02025 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02025, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 02025 in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 02025, MA

How long does it take to sell a home in 02025, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
95 Days24 Days-74.2%

Summary: Homes in 02025 had an average of 24 days on market in Oct 2024, down by 74.2% compared to last year.

Breakdown of Home Sale Times

3 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 02025 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 02025; 50% of homes were sold within 30 days, 50% 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 16 Days Ago

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