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 December 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

$709,000

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$49,000(+7.4%)

Key Takeaway

Homes in 02093 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 02093 was $709,000 in December 2024, up 7.4% from last year, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $259.5K$317K
+22.2%
2 $462.5K$450K
-2.7%
3 $591.2K$665K
+12.5%
4 $835.5K$867.5K
+3.8%
5+ $610K$1.1M
+94.6%

Summary: 02093 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 94.6%.

Median Sold Price Compared To Nearby Zip Codes

02056
+15.3%
02035
+7.5%
02093
+7.4%
02038
+7.0%
02762
+6.2%

Housing Supply in 02093, MA

How many homes are available in 02093, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
40400.0%

Summary: The 02093 real estate market had 40 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 1510
-33.3%
4 1215
+25.0%
5+ 44
0.0%

Summary: The 02093 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
713+85.7%

Asking Price vs. Sold Price

5 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 02093, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 02093 in December 2024, up by 85.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% 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

Dec 2023Dec 2024CHANGE
28 Days27 Days-0.8%

Summary: Homes in 02093 had an average of 27 days on market in Dec 2024, down by 0.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 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 December 2024, 13 homes were sold in 02093; 69% of homes were sold within 30 days, 31% 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 6 Days Ago

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