Is 02149, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02149 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02149 has remained a Seller's Market.

Key Takeaway

02149 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02149, MA

How much do homes in 02149, MA cost?

Median Sold Price

$650,000

$407/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,500(+0.4%)

Key Takeaway

The sold price of homes in 02149 has remained the same since last year.

Summary: The median home sold price in 02149 was $650,000 in October 2024, up 0.4% from last year, and the median price per square foot was $407.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $249.9K$277.1K
+10.9%
2 $445K$483K
+8.5%
3 $590K$620K
+5.1%
4 $650K$792.5K
+21.9%
5+ $855K$878K
+2.7%

Summary: 02149 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Zip Codes

02148
+10.7%
02150
+8.8%
02151
+4.9%
02129
+1.7%
02149
0.4%

Housing Supply in 02149, MA

How many homes are available in 02149, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7071+1.4%

Summary: The 02149 real estate market had 71 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 57
+40.0%
2 128
-33.3%
3 2121
0.0%
4 912
+33.3%
5+ 2323
0.0%

Summary: The 02149 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1726+52.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02149, you could pay more than the asking price. 73.1% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 02149 in October 2024, up by 52.9% month-over-month. Of the 26 sold homes, 23% were sold under asking, 4% were sold at asking, and 73% were sold over asking.

Days on Market for 02149, MA

How long does it take to sell a home in 02149, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days23 Days+73.6%

Summary: Homes in 02149 had an average of 23 days on market in Oct 2024, up by 73.6% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02149 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 02149; 85% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% 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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