Is 02035, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02035 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 02035 has remained a Seller's Market.

Key Takeaway

02035 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02035, MA

How much do homes in 02035, MA cost?

Median Sold Price

$698,500

$341/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$48,500(+7.5%)

Key Takeaway

Homes in 02035 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 02035 was $698,500 in December 2024, up 7.5% from last year, and the median price per square foot was $341.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $341.2K$271.4K
-20.5%
2 $540K$460K
-14.8%
3 $585.5K$635K
+8.5%
4 $782.5K$805K
+2.9%
5+ $1.0M$880K
-13.5%

Summary: 02035 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.5%, 2 bedroom homes decreased by 14.8%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Zip Codes

02035
+7.5%
02093
+7.4%
02067
+1.6%
02048
-0.4%

Housing Supply in 02035, MA

How many homes are available in 02035, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3831-18.4%

Summary: The 02035 real estate market had 31 homes for sale in December 2024, a 18.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 77
0.0%
3 109
-10.0%
4 1812
-33.3%
5+ 23
+50.0%

Summary: The 02035 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 10%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02035, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 02035 in December 2024, up by 13.3% month-over-month. Of the 17 sold homes, 29% were sold under asking, 24% were sold at asking, and 47% were sold over asking.

Days on Market for 02035, MA

How long does it take to sell a home in 02035, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
26 Days34 Days+28.5%

Summary: Homes in 02035 had an average of 34 days on market in Dec 2024, up by 28.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02035 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 17 homes were sold in 02035; 53% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 6% 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 7 Days Ago

Newest Listings in 02035, MA

Nearby Markets to 02035, MA