Is 02145, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02145 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02145 has remained a Seller's Market.

Key Takeaway

02145 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02145, MA

How much do homes in 02145, MA cost?

Median Sold Price

$937,500

$557/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$85,000(+10.0%)

Key Takeaway

Homes in 02145 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 02145 was $937,500 in October 2024, up 10% from last year, and the median price per square foot was $557.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $528.7K$496.5K
-6.1%
2 $721K$662.6K
-8.1%
3 $935K$925K
-1.1%
4 $895K$1.0M
+20.1%
5+ $1.1M$1.2M
+2.2%

Summary: 02145 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 2.2%.

Median Sold Price Compared To Nearby Zip Codes

02143
+23.7%
02144
+10.9%
02155
+10.7%
02145
+10.0%
02129
+1.7%

Housing Supply in 02145, MA

How many homes are available in 02145, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6869+1.5%

Summary: The 02145 real estate market had 69 homes for sale in October 2024, a 1.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 53
-40.0%
2 1517
+13.3%
3 1922
+15.8%
4 117
-36.4%
5+ 1820
+11.1%

Summary: The 02145 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1514-6.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02145, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 02145 in October 2024, down by 6.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.

Days on Market for 02145, MA

How long does it take to sell a home in 02145, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days47 Days+2.6%

Summary: Homes in 02145 had an average of 47 days on market in Oct 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02145 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 02145; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% 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

Newest Listings in 02145, MA

Nearby Markets to 02145, MA