Is 02322, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02322 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02322 has remained a Seller's Market.

Key Takeaway

02322 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02322, MA

How much do homes in 02322, MA cost?

Median Sold Price

$586,000

$345/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$51,000(+9.5%)

Key Takeaway

Homes in 02322 have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in 02322 was $586,000 in October 2024, up 9.5% from last year, and the median price per square foot was $345.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $455K$434K
-4.6%
3 $516K$570K
+10.5%
4 $560K$700.9K
+25.2%
5+ $650K$750K
+15.4%

Summary: 02322 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Zip Codes

02072
+11.0%
02343
+9.9%
02322
+9.5%
02302
+9.0%
02301
+6.2%

Housing Supply in 02322, MA

How many homes are available in 02322, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
117-36.4%

Summary: The 02322 real estate market had 7 homes for sale in October 2024, a 36.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 53
-40.0%
4 32
-33.3%
5+ 21
-50.0%

Summary: The 02322 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02322, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 02322 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 02322, MA

How long does it take to sell a home in 02322, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days12 Days-33.3%

Summary: Homes in 02322 had an average of 12 days on market in Oct 2024, down by 33.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02322 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 02322; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in 02322, MA

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