Is 02143, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02143 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02143 has remained a Seller's Market.

Key Takeaway

02143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02143, MA

How much do homes in 02143, MA cost?

Median Sold Price

$1,150,000

$706/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$220,000(+23.7%)

Key Takeaway

Homes in 02143 have sold for 23.7% more than they did a year ago.

Summary: The median home sold price in 02143 was $1,150,000 in October 2024, up 23.7% from last year, and the median price per square foot was $706.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $637.5K$615K
-3.5%
2 $865K$868.5K
0.4%
3 $1.1M$1.2M
+8.3%
4 $1.1M$1.3M
+19.5%
5+ $1.3M$1.5M
+15.4%

Summary: 02143 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Zip Codes

02143
+23.7%
02141
+12.7%
02144
+10.9%
02145
+10.0%
02129
+1.7%

Housing Supply in 02143, MA

How many homes are available in 02143, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87870.0%

Summary: The 02143 real estate market had 87 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 95
-44.4%
2 2524
-4.0%
3 2728
+3.7%
4 1214
+16.7%
5+ 1416
+14.3%

Summary: The 02143 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 44.4%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02143, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 02143 in October 2024, down by 15.8% month-over-month. Of the 16 sold homes, 69% were sold under asking, 13% were sold at asking, and 19% were sold over asking.

Days on Market for 02143, MA

How long does it take to sell a home in 02143, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days40 Days+55.7%

Summary: Homes in 02143 had an average of 40 days on market in Oct 2024, up by 55.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02143 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in 02143; 56% of homes were sold within 30 days, 38% 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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