Is 02169, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02169 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02169 has remained a Seller's Market.

Key Takeaway

02169 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02169, MA

How much do homes in 02169, MA cost?

Median Sold Price

$638,400

$420/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$48,511(+8.2%)

Key Takeaway

Homes in 02169 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 02169 was $638,400 in October 2024, up 8.2% from last year, and the median price per square foot was $420.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $330K$340K
+3.0%
2 $465K$480K
+3.2%
3 $655K$700K
+6.9%
4 $693K$782.4K
+12.9%
5+ $831.2K$995K
+19.7%

Summary: 02169 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 19.7%.

Median Sold Price Compared To Nearby Zip Codes

02169
+8.2%
02186
+7.3%
02170
+7.1%
02191
+6.1%
02184
+4.6%

Housing Supply in 02169, MA

How many homes are available in 02169, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
133140+5.3%

Summary: The 02169 real estate market had 140 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 108
-20.0%
2 3950
+28.2%
3 5152
+2.0%
4 1615
-6.3%
5+ 1715
-11.8%

Summary: The 02169 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 28.2%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4129-29.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02169, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in 02169 in October 2024, down by 29.3% month-over-month. Of the 29 sold homes, 38% were sold under asking, 10% were sold at asking, and 52% were sold over asking.

Days on Market for 02169, MA

How long does it take to sell a home in 02169, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days39 Days+40.5%

Summary: Homes in 02169 had an average of 39 days on market in Oct 2024, up by 40.5% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02169 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 29 homes were sold in 02169; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% 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 4 Days Ago

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