$9,833 Closing Credit*
$828,000
1,050 SqFt
3 Beds
•3 Full Baths
#73309555, Eliott Levine, Listing Office: Olde Forge Realty
Is 02114, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 02114 was a Seller's Market.
Key Takeaway
02114 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 02114, MA
How much do homes in 02114, MA cost?
Median Sold Price
$800,000
$1,078/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$90,000(-10.1%)
Key Takeaway
Homes in 02114 have sold for 10.1% less than they did a year ago.
Summary: The median home sold price in 02114 was $800,000 in October 2024, down 10.1% from last year, and the median price per square foot was $1,078.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $611.7K | $589.7K | -3.6% |
| 2 Bedrooms | $999.5K | $967.5K | -3.2% |
| 3 Bedrooms | $2.3M | $2.4M | +4.9% |
| 4 Bedrooms | $2.6M | $3.7M | +43.5% |
| 5+ Bedrooms | $4.3M | $4.4M | +0.7% |
Summary: 02114 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Zip Codes
| 02108 | $1.7M | $2.2M | +24.9% |
| 02113 | $740K | $725K | -2.0% |
| 02114 | $890K | $800K | -10.1% |
Housing Supply in 02114, MA
How many homes are available in 02114, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 79 | +6.8% |
Summary: The 02114 real estate market had 79 homes for sale in October 2024, a 6.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 26 | 30 | +15.4% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 02114 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 4.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02114, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 02114 in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 02114, MA
How long does it take to sell a home in 02114, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 18 Days | -69.6% |
Summary: Homes in 02114 had an average of 18 days on market in Oct 2024, down by 69.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02114 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 02114; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
