Is 02081, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02081 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 02081 has remained a Seller's Market.

Key Takeaway

02081 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02081, MA

How much do homes in 02081, MA cost?

Median Sold Price

$680,000

$389/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$16,080(+2.4%)

Key Takeaway

Homes in 02081 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 02081 was $680,000 in December 2024, up 2.4% from last year, and the median price per square foot was $389.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $497K$535K
+7.6%
2 $591.6K$537.5K
-9.2%
3 $651K$652.5K
0.2%
4 $805K$880K
+9.3%
5+ $1.3M$965K
-25.8%

Summary: 02081 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 25.8%.

Median Sold Price Compared To Nearby Zip Codes

02032
+15.3%
02056
+15.3%
02062
+5.7%
02081
+2.4%

Housing Supply in 02081, MA

How many homes are available in 02081, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4134-17.1%

Summary: The 02081 real estate market had 34 homes for sale in December 2024, a 17.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 98
-11.1%
3 119
-18.2%
4 1511
-26.7%
5+ 43
-25.0%

Summary: The 02081 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02081, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 02081 in December 2024, up by 16.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.

Days on Market for 02081, MA

How long does it take to sell a home in 02081, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
27 Days32 Days+17.6%

Summary: Homes in 02081 had an average of 32 days on market in Dec 2024, up by 17.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02081 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 14 homes were sold in 02081; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% 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 5 Days Ago

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