Is 02144, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02144 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02144 has remained a Seller's Market.

Key Takeaway

02144 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02144, MA

How much do homes in 02144, MA cost?

Median Sold Price

$1,275,000

$641/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$125,000(+10.9%)

Key Takeaway

Homes in 02144 have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in 02144 was $1,275,000 in October 2024, up 10.9% from last year, and the median price per square foot was $641.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $610K$547.5K
-10.2%
2 $783K$797.1K
+1.8%
3 $1.2M$1.2M
+3.7%
4 $1.5M$1.6M
+6.6%
5+ $1.4M$1.5M
+5.2%

Summary: 02144 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

02143
+23.7%
02144
+10.9%
02155
+10.7%
02145
+10.0%
02140
+9.3%

Housing Supply in 02144, MA

How many homes are available in 02144, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4864+33.3%

Summary: The 02144 real estate market had 64 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 14
+300.0%
2 1717
0.0%
3 69
+50.0%
4 79
+28.6%
5+ 1725
+47.1%

Summary: The 02144 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 47.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02144, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 02144 in October 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.

Days on Market for 02144, MA

How long does it take to sell a home in 02144, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days25 Days-16.8%

Summary: Homes in 02144 had an average of 25 days on market in Oct 2024, down by 16.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02144 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 02144; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

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