Is 02136, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02136 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02136 has remained a Seller's Market.

Key Takeaway

02136 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02136, MA

How much do homes in 02136, MA cost?

Median Sold Price

$646,500

$396/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,500(+7.8%)

Key Takeaway

Homes in 02136 have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in 02136 was $646,500 in October 2024, up 7.8% from last year, and the median price per square foot was $396.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $254K$335K
+31.9%
2 $400K$398.7K
-0.3%
3 $560K$635K
+13.4%
4 $650K$697.5K
+7.3%
5+ $900K$845K
-6.1%

Summary: 02136 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.9%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

02136
+7.8%
02131
+7.4%
02186
+7.3%
02132
0.0%
02126
-6.7%

Housing Supply in 02136, MA

How many homes are available in 02136, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6168+11.5%

Summary: The 02136 real estate market had 68 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 87
-12.5%
3 1719
+11.8%
4 2022
+10.0%
5+ 1317
+30.8%

Summary: The 02136 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 decreased by 12.5%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 30.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1420+42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02136, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 02136 in October 2024, up by 42.9% month-over-month. Of the 20 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 02136, MA

How long does it take to sell a home in 02136, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days32 Days+5.6%

Summary: Homes in 02136 had an average of 32 days on market in Oct 2024, up by 5.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02136 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 02136; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% 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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