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 21 Days Ago

Newest Listings in 02169, MA

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