$8,253 Closing Credit*
$695,000
2,738 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73315004, Katelyn Cleveland, Listing Office: Better Living Real Estate, LLC
Is 02056, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 02056 has remained a Seller's Market.
Key Takeaway
02056 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02056, MA
How much do homes in 02056, MA cost?
Median Sold Price
$800,000
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$90,367(+12.7%)
Key Takeaway
Homes in 02056 have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in 02056 was $800,000 in October 2024, up 12.7% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | - | N/A |
| 2 Bedrooms | $658.2K | $730K | +10.9% |
| 3 Bedrooms | $627.4K | $680K | +8.4% |
| 4 Bedrooms | $820K | $885K | +7.9% |
| 5+ Bedrooms | $1.2M | $1.6M | +25.5% |
Summary: 02056 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 10.9%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 25.5%.
Housing Supply in 02056, MA
How many homes are available in 02056, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 47 | -11.3% |
Summary: The 02056 real estate market had 47 homes for sale in October 2024, a 11.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 18 | 13 | -27.8% |
| 4 Bedrooms | 24 | 26 | +8.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 02056 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 27.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02056, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 02056 in October 2024, down by 37.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 02056, MA
How long does it take to sell a home in 02056, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 30 Days | +6.0% |
Summary: Homes in 02056 had an average of 30 days on market in Oct 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 02056 has remained consistent over time.
Summary: During October 2024, 10 homes were sold in 02056; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
