$6,490 Closing Credit*
$546,500
1,030 SqFt
1 Bed
•1 Full Bath
#73312589, Marina Korenblyum, Listing Office: Redfin Corp.
Is 02081, 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, 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
$675,000
$381/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,835(+2.6%)
Key Takeaway
Homes in 02081 have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in 02081 was $675,000 in October 2024, up 2.6% from last year, and the median price per square foot was $381.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $493.3K | $497K | +0.7% |
| 2 Bedrooms | $585K | $517.5K | -11.5% |
| 3 Bedrooms | $640K | $650K | +1.6% |
| 4 Bedrooms | $860K | $880K | +2.3% |
| 5+ Bedrooms | $1.3M | $965K | -27.2% |
Summary: 02081 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 27.2%.
Housing Supply in 02081, MA
How many homes are available in 02081, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 51 | -7.3% |
Summary: The 02081 real estate market had 51 homes for sale in October 2024, a 7.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 02081 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 increased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02081, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 02081 in October 2024, up by 18.8% month-over-month. Of the 19 sold homes, 26% were sold under asking, 0% were sold at asking, and 74% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 26 Days | -15.2% |
Summary: Homes in 02081 had an average of 26 days on market in Oct 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02081 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 02081; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
