Is 02126, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02126 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02126 was a Buyer's Market.

Key Takeaway

02126 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02126, MA

How much do homes in 02126, MA cost?

Median Sold Price

$625,000

$337/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$45,000(-6.7%)

Key Takeaway

Homes in 02126 have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in 02126 was $625,000 in October 2024, down 6.7% from last year, and the median price per square foot was $337.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$297.5K
N/A
2 $482.4K$387.5K
-19.7%
3 $520K$575K
+10.6%
4 $670K$599.9K
-10.5%
5+ $800K$831.5K
+3.9%

Summary: 02126 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.7%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

02136
+7.8%
02131
+7.4%
02186
+7.3%
02124
-1.9%
02126
-6.7%

Housing Supply in 02126, MA

How many homes are available in 02126, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2731+14.8%

Summary: The 02126 real estate market had 31 homes for sale in October 2024, a 14.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 109
-10.0%
4 47
+75.0%
5+ 1112
+9.1%

Summary: The 02126 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 50%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
29+350.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02126, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 02126 in October 2024, up by 350.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for 02126, MA

How long does it take to sell a home in 02126, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
67 Days21 Days-67.6%

Summary: Homes in 02126 had an average of 21 days on market in Oct 2024, down by 67.6% compared to last year.

Breakdown of Home Sale Times

6 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 02126 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 02126; 67% of homes were sold within 30 days, 33% 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 4 Days Ago

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