Is 02139, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02139 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02139 has remained a Seller's Market.

Key Takeaway

02139 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02139, MA

How much do homes in 02139, MA cost?

Median Sold Price

$1,250,000

$924/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$271,000(+27.7%)

Key Takeaway

Homes in 02139 have sold for 27.7% more than they did a year ago.

Summary: The median home sold price in 02139 was $1,250,000 in October 2024, up 27.7% from last year, and the median price per square foot was $924.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $615.5K$679K
+10.3%
2 $878.7K$920K
+4.7%
3 $1.4M$1.4M
+3.4%
4 $2.3M$2.2M
-0.5%
5+ $2.3M$2.2M
-0.5%

Summary: 02139 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Zip Codes

02139
+27.7%
02143
+23.7%
02141
+12.7%
02142
-44.2%

Housing Supply in 02139, MA

How many homes are available in 02139, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5967+13.6%

Summary: The 02139 real estate market had 67 homes for sale in October 2024, a 13.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 46
+50.0%
2 1921
+10.5%
3 1718
+5.9%
4 1011
+10.0%
5+ 911
+22.2%

Summary: The 02139 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13130.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02139, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 02139 in October 2024, the same as the previous month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.

Days on Market for 02139, MA

How long does it take to sell a home in 02139, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days29 Days+36.3%

Summary: Homes in 02139 had an average of 29 days on market in Oct 2024, up by 36.3% compared to last year.

Breakdown of Home Sale Times

10 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 02139 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in 02139; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

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