Is 02155, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02155 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02155 has remained a Seller's Market.

Key Takeaway

02155 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02155, MA

How much do homes in 02155, MA cost?

Median Sold Price

$850,050

$504/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$85,050(+11.1%)

Key Takeaway

Homes in 02155 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 02155 was $850,050 in November 2024, up 11.1% from last year, and the median price per square foot was $504.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $600K$562.5K
-6.3%
2 $600K$627.5K
+4.6%
3 $760K$849.5K
+11.8%
4 $940.2K$981.5K
+4.4%
5+ $1.0M$1.1M
+13.7%

Summary: 02155 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Zip Codes

02148
+11.8%
02145
+11.7%
02155
+11.1%
02144
+7.8%
02474
+2.6%

Housing Supply in 02155, MA

How many homes are available in 02155, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
155115-25.8%

Summary: The 02155 real estate market had 115 homes for sale in November 2024, a 25.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 77
0.0%
2 3122
-29.0%
3 4833
-31.3%
4 3126
-16.1%
5+ 3827
-28.9%

Summary: The 02155 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 29%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 28.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5232-38.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02155, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in 02155 in November 2024, down by 38.5% month-over-month. Of the 32 sold homes, 31% were sold under asking, 6% were sold at asking, and 63% were sold over asking.

Days on Market for 02155, MA

How long does it take to sell a home in 02155, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days21 Days-38.8%

Summary: Homes in 02155 had an average of 21 days on market in Nov 2024, down by 38.8% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02155 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 32 homes were sold in 02155; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% 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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