Is 02113, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02113 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 02113 was a Buyer's Market.

Key Takeaway

02113 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02113, MA

How much do homes in 02113, MA cost?

Median Sold Price

$723,500

$1,021/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$43,500(+6.4%)

Key Takeaway

Homes in 02113 have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in 02113 was $723,500 in December 2024, up 6.4% from last year, and the median price per square foot was $1,021.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $490K$530K
+8.2%
2 $769K$762.5K
-0.8%
3 $1.3M$1.2M
-1.9%
4 -$1.4M
N/A
5+ $2.8M$1.6M
-40.7%

Summary: 02113 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 40.7%.

Median Sold Price Compared To Nearby Zip Codes

02113
+6.4%
02114
-1.9%

Housing Supply in 02113, MA

How many homes are available in 02113, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1216+33.3%

Summary: The 02113 real estate market had 16 homes for sale in December 2024, a 33.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 57
+40.0%
3 35
+66.7%
4 00
0.0%
5+ 22
0.0%

Summary: The 02113 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 40%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer50%25%25%

Key Takeaway

If you're buying a home in 02113, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 02113 in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 02113, MA

How long does it take to sell a home in 02113, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
65 Days35 Days-46.2%

Summary: Homes in 02113 had an average of 35 days on market in Dec 2024, down by 46.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times50%50%

Key Takeaway

Many homes in 02113 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 02113; 50% of homes were sold within 30 days, 50% 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 10 Days Ago

Newest Listings in 02113, MA

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