Is 02093, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02093 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02093 has remained a Seller's Market.

Key Takeaway

02093 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02093, MA

How much do homes in 02093, MA cost?

Median Sold Price

$680,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,500(-1.8%)

Key Takeaway

Homes in 02093 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 02093 was $680,000 in October 2024, down 1.8% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $259.5K$317K
+22.2%
2 $406.7K$450K
+10.6%
3 $570K$655.5K
+15.0%
4 $850K$850K
0.0%
5+ $1.0M$1.2M
+27.5%

Summary: 02093 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 15%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 27.5%.

Median Sold Price Compared To Nearby Zip Codes

02038
+13.8%
02056
+12.7%
02762
+9.5%
02035
+7.5%
02093
-1.8%

Housing Supply in 02093, MA

How many homes are available in 02093, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3744+18.9%

Summary: The 02093 real estate market had 44 homes for sale in October 2024, a 18.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1119
+72.7%
4 1515
0.0%
5+ 53
-40.0%

Summary: The 02093 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 16.7%, 3 bedroom homes increased by 72.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
880.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02093, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 02093 in October 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 02093, MA

How long does it take to sell a home in 02093, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days33 Days+90.6%

Summary: Homes in 02093 had an average of 33 days on market in Oct 2024, up by 90.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02093 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 02093; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

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