$9,797 Closing Credit*
$825,000
2,610 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73314278, Wendy Carpenito, Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
Is 02176, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 02176 has remained a Seller's Market.
Key Takeaway
02176 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02176, MA
How much do homes in 02176, MA cost?
Median Sold Price
$832,800
$460/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,466(+5.0%)
Key Takeaway
Homes in 02176 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 02176 was $832,800 in October 2024, up 5% from last year, and the median price per square foot was $460.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $385K | +6.9% |
| 2 Bedrooms | $618K | $600K | -2.9% |
| 3 Bedrooms | $787.8K | $788.7K | 0.1% |
| 4 Bedrooms | $952.5K | $1.1M | +15.5% |
| 5+ Bedrooms | $1.0M | $1.1M | +10.0% |
Summary: 02176 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 10%.
Housing Supply in 02176, MA
How many homes are available in 02176, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 71 | +7.6% |
Summary: The 02176 real estate market had 71 homes for sale in October 2024, a 7.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 5 | +400.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The 02176 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 400%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02176, you could pay more than the asking price. 63.2% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 02176 in October 2024, down by 17.4% month-over-month. Of the 19 sold homes, 26% were sold under asking, 11% were sold at asking, and 63% were sold over asking.
Days on Market for 02176, MA
How long does it take to sell a home in 02176, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 23 Days | -19.9% |
Summary: Homes in 02176 had an average of 23 days on market in Oct 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02176 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 02176; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
