Is 02030, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02030 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02030 has remained a Seller's Market.

Key Takeaway

02030 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02030, MA

How much do homes in 02030, MA cost?

Median Sold Price

$1,665,000

$419/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$47,500(-2.8%)

Key Takeaway

Homes in 02030 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in 02030 was $1,665,000 in October 2024, down 2.8% from last year, and the median price per square foot was $419.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$855K
N/A
2 $785K$819K
+4.3%
3 -$1.1M
N/A
4 $1.4M$1.6M
+13.7%
5+ $2.5M$2.3M
-5.8%

Summary: 02030 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Zip Codes

02482
+21.6%
02492
+21.4%
02052
+20.4%
01770
+7.3%
02030
-2.8%

Housing Supply in 02030, MA

How many homes are available in 02030, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3133+6.5%

Summary: The 02030 real estate market had 33 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 64
-33.3%
3 45
+25.0%
4 912
+33.3%
5+ 1112
+9.1%

Summary: The 02030 housing inventory by bedroom type for October 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 increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

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 02030, 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 02030 in October 2024, up by 50.0% 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 02030, MA

How long does it take to sell a home in 02030, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
76 Days42 Days-43.9%

Summary: Homes in 02030 had an average of 42 days on market in Oct 2024, down by 43.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02030 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 02030; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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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