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 Last Month

Last month, 02126 was a Neutral 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

$900,000

$318/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$277,500(+44.6%)

Key Takeaway

Homes in 02126 have sold for 44.6% more than they did a month ago.

Summary: The median home sold price in 02126 was $900,000 in December 2024, up 44.6% from last month, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $500K-
N/A
3 $622.5K-
N/A
4 -$850K
N/A
5+ $1.3M$1.0M
-21.6%

Summary: 02126 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 21.6%.

Housing Supply in 02126, MA

How many homes are available in 02126, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2618-30.8%

Summary: The 02126 real estate market had 18 homes for sale in December 2024, a 30.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 43
-25.0%
3 53
-40.0%
4 86
-25.0%
5+ 86
-25.0%

Summary: The 02126 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02126, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 02126 in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% 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

Nov 2024Dec 2024CHANGE
54 Days49 Days-9.0%

Summary: Homes in 02126 had an average of 49 days on market in Dec 2024, down by 9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 6 homes were sold in 02126; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 7 Days Ago

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