Is 02130, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02130 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02130 was a Seller's Market.

Key Takeaway

02130 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 02130, MA

How much do homes in 02130, MA cost?

Median Sold Price

$785,000

$618/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,375(+4.7%)

Key Takeaway

Homes in 02130 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 02130 was $785,000 in October 2024, up 4.7% from last year, and the median price per square foot was $618.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $420K$453K
+7.9%
2 $670K$655K
-2.2%
3 $891K$906K
+1.7%
4 $1.2M$1.3M
+7.8%
5+ $1.2M$1.4M
+13.7%

Summary: 02130 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Zip Codes

02121
+16.4%
02130
+4.7%
02445
-15.3%

Housing Supply in 02130, MA

How many homes are available in 02130, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
114126+10.5%

Summary: The 02130 real estate market had 126 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1114
+27.3%
2 3742
+13.5%
3 3235
+9.4%
4 910
+11.1%
5+ 2525
0.0%

Summary: The 02130 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02130, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 02130 in October 2024, up by 16.7% month-over-month. Of the 21 sold homes, 48% were sold under asking, 19% were sold at asking, and 33% were sold over asking.

Days on Market for 02130, MA

How long does it take to sell a home in 02130, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days37 Days+47.0%

Summary: Homes in 02130 had an average of 37 days on market in Oct 2024, up by 47% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02130 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 21 homes were sold in 02130; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% 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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