Is 02135, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02135 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02135 was a Buyer's Market.

Key Takeaway

02135 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02135, MA

How much do homes in 02135, MA cost?

Median Sold Price

$565,000

$657/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$163,375(-22.4%)

Key Takeaway

Homes in 02135 have sold for 22.4% less than they did a year ago.

Summary: The median home sold price in 02135 was $565,000 in October 2024, down 22.4% from last year, and the median price per square foot was $657.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $519.9K$435K
-16.3%
2 $725K$535K
-26.2%
3 $889K$790K
-11.1%
4 $925K$1.0M
+18.4%
5+ $1.2M$1.3M
+9.5%

Summary: 02135 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.3%, 2 bedroom homes decreased by 26.2%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

02458
+8.2%
02446
+4.7%
02445
-15.3%
02135
-22.4%

Housing Supply in 02135, MA

How many homes are available in 02135, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106105-0.9%

Summary: The 02135 real estate market had 105 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3430
-11.8%
2 3635
-2.8%
3 1113
+18.2%
4 85
-37.5%
5+ 1722
+29.4%

Summary: The 02135 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.8%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 29.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2818-35.7%

Asking Price vs. Sold Price

7 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 02135, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 02135 in October 2024, down by 35.7% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.

Days on Market for 02135, MA

How long does it take to sell a home in 02135, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days25 Days-18.7%

Summary: Homes in 02135 had an average of 25 days on market in Oct 2024, down by 18.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02135 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in 02135; 78% of homes were sold within 30 days, 22% 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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