Is 02150, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02150 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02150 has remained a Seller's Market.

Key Takeaway

02150 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02150, MA

How much do homes in 02150, MA cost?

Median Sold Price

$574,500

$394/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$64,500(+12.6%)

Key Takeaway

Homes in 02150 have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in 02150 was $574,500 in November 2024, up 12.6% from last year, and the median price per square foot was $394.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $377.5K$372.5K
-1.3%
2 $447.5K$495.5K
+10.7%
3 $525K$629K
+19.8%
4 $700K$666K
-4.9%
5+ $860K$910K
+5.8%

Summary: 02150 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 19.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 5.8%.

Median Sold Price Compared To Nearby Zip Codes

02150
+12.6%
02128
+6.5%
02151
+5.9%
02149
0.0%

Housing Supply in 02150, MA

How many homes are available in 02150, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6859-13.2%

Summary: The 02150 real estate market had 59 homes for sale in November 2024, a 13.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1612
-25.0%
2 1819
+5.6%
3 1412
-14.3%
4 97
-22.2%
5+ 119
-18.2%

Summary: The 02150 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1220+66.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02150, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 02150 in November 2024, up by 66.7% month-over-month. Of the 20 sold homes, 55% were sold under asking, 15% were sold at asking, and 30% were sold over asking.

Days on Market for 02150, MA

How long does it take to sell a home in 02150, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days35 Days+17.1%

Summary: Homes in 02150 had an average of 35 days on market in Nov 2024, up by 17.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02150 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in 02150; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% 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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