$7,719 Closing Credit*
$650,000
1,300 SqFt
2 Beds
•1 Full Bath, 1 Partial
#73320858, Marc Branca, Listing Office: Branca 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 November 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
$830,000
$465/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,250(+3.3%)
Key Takeaway
Homes in 02176 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 02176 was $830,000 in November 2024, up 3.3% from last year, and the median price per square foot was $465.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $386K | +7.2% |
| 2 Bedrooms | $621.5K | $600K | -3.5% |
| 3 Bedrooms | $790K | $788.7K | -0.2% |
| 4 Bedrooms | $945K | $1.1M | +17.4% |
| 5+ Bedrooms | $1.0M | $1.1M | +6.9% |
Summary: 02176 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 02176, MA
How many homes are available in 02176, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 55 | -19.1% |
Summary: The 02176 real estate market had 55 homes for sale in November 2024, a 19.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 22 | 17 | -22.7% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The 02176 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02176, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in 02176 in November 2024, down by 23.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 6% were sold at asking, and 56% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 25 Days | +47.0% |
Summary: Homes in 02176 had an average of 25 days on market in Nov 2024, up by 47% compared to last year.
Breakdown of Home Sale Times
11 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 November 2024, 16 homes were sold in 02176; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
