Is 02184, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02184 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02184 has remained a Seller's Market.

Key Takeaway

02184 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02184, MA

How much do homes in 02184, MA cost?

Median Sold Price

$660,000

$394/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,000(+4.6%)

Key Takeaway

Homes in 02184 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 02184 was $660,000 in October 2024, up 4.6% from last year, and the median price per square foot was $394.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $410K$360K
-12.2%
2 $460K$460K
0.0%
3 $629K$664.5K
+5.6%
4 $750K$810K
+8.0%
5+ $862.5K$901.5K
+4.5%

Summary: 02184 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

02188
+10.9%
02368
+9.0%
02169
+8.2%
02190
+5.8%
02184
+4.6%

Housing Supply in 02184, MA

How many homes are available in 02184, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9289-3.3%

Summary: The 02184 real estate market had 89 homes for sale in October 2024, a 3.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 2519
-24.0%
3 3237
+15.6%
4 2118
-14.3%
5+ 1011
+10.0%

Summary: The 02184 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 24%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2532+28.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02184, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 02184 in October 2024, up by 28.0% month-over-month. Of the 32 sold homes, 53% were sold under asking, 0% were sold at asking, and 47% were sold over asking.

Days on Market for 02184, MA

How long does it take to sell a home in 02184, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days28 Days+25.9%

Summary: Homes in 02184 had an average of 28 days on market in Oct 2024, up by 25.9% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02184 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 32 homes were sold in 02184; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% 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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