Is 02132, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02132 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02132 has remained a Seller's Market.

Key Takeaway

02132 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02132, MA

How much do homes in 02132, MA cost?

Median Sold Price

$775,000

$487/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in 02132 has remained the same since last year.

Summary: The median home sold price in 02132 was $775,000 in October 2024, the same as last year, and the median price per square foot was $487.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $340K$325K
-4.4%
2 $575K$607.5K
+5.7%
3 $780K$775K
-0.6%
4 $842.5K$935K
+11.0%
5+ $1.0M$1.0M
+0.7%

Summary: 02132 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

02026
+9.2%
02136
+7.8%
02131
+7.4%
02467
+1.3%
02132
0.0%

Housing Supply in 02132, MA

How many homes are available in 02132, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7997+22.8%

Summary: The 02132 real estate market had 97 homes for sale in October 2024, a 22.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 2228
+27.3%
3 2530
+20.0%
4 2024
+20.0%
5+ 1113
+18.2%

Summary: The 02132 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02132, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 02132 in October 2024, up by 13.3% month-over-month. Of the 17 sold homes, 53% were sold under asking, 12% were sold at asking, and 35% were sold over asking.

Days on Market for 02132, MA

How long does it take to sell a home in 02132, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days21 Days-15.1%

Summary: Homes in 02132 had an average of 21 days on market in Oct 2024, down by 15.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02132 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 02132; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% 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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