$10,000 Closing Credit*
$989,000
1,282 SqFt
2 Beds
•2 Full Baths
#73307375, Michael Moran, Listing Office: Gibson Sotheby's International Realty
Is 02142, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 02142 was a Seller's Market.
Key Takeaway
02142 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 02142, MA
How much do homes in 02142, MA cost?
Median Sold Price
$920,000
$915/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$730,000(-44.2%)
Key Takeaway
Homes in 02142 have sold for 44.2% less than they did a year ago.
Summary: The median home sold price in 02142 was $920,000 in October 2024, down 44.2% from last year, and the median price per square foot was $915.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $835K | $807.5K | -3.3% |
| 2 Bedrooms | $2.1M | $1.0M | -50.6% |
| 3 Bedrooms | $3.0M | $3.3M | +10.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.8M | $1.1M | -39.2% |
Summary: 02142 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes decreased by 50.6%, 3 bedroom homes increased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 39.2%.
Housing Supply in 02142, MA
How many homes are available in 02142, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The 02142 real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 02142 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02142, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 02142 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 02142, MA
How long does it take to sell a home in 02142, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 24 Days | +56.5% |
Summary: Homes in 02142 had an average of 24 days on market in Oct 2024, up by 56.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02142 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 02142; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
