Is 02190, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02190 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02190 has remained a Seller's Market.

Key Takeaway

02190 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02190, MA

How much do homes in 02190, MA cost?

Median Sold Price

$587,500

$379/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,425(+5.8%)

Key Takeaway

Homes in 02190 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 02190 was $587,500 in October 2024, up 5.8% from last year, and the median price per square foot was $379.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $257.5K$307.5K
+19.4%
2 $371K$372.5K
0.4%
3 $602.5K$631K
+4.7%
4 $800K$775K
-3.1%
5+ $707.5K$800K
+13.1%

Summary: 02190 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 13.1%.

Median Sold Price Compared To Nearby Zip Codes

02188
+10.9%
02370
+9.1%
02189
+8.1%
02190
+5.8%
02184
+4.6%

Housing Supply in 02190, MA

How many homes are available in 02190, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4856+16.7%

Summary: The 02190 real estate market had 56 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 13
+200.0%
2 1313
0.0%
3 2021
+5.0%
4 1215
+25.0%
5+ 24
+100.0%

Summary: The 02190 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1117+54.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02190, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 02190 in October 2024, up by 54.5% month-over-month. Of the 17 sold homes, 24% were sold under asking, 24% were sold at asking, and 53% were sold over asking.

Days on Market for 02190, MA

How long does it take to sell a home in 02190, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days20 Days-17.6%

Summary: Homes in 02190 had an average of 20 days on market in Oct 2024, down by 17.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02190 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 02190; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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

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