Is 02324, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02324 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02324 has remained a Seller's Market.

Key Takeaway

02324 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02324, MA

How much do homes in 02324, MA cost?

Median Sold Price

$590,000

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,500(+5.5%)

Key Takeaway

Homes in 02324 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 02324 was $590,000 in November 2024, up 5.5% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$255K
+18.6%
2 $325K$346K
+6.5%
3 $580K$572K
-1.4%
4 $706K$694.5K
-1.6%
5+ $640K$750K
+17.2%

Summary: 02324 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.6%, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 17.2%.

Median Sold Price Compared To Nearby Zip Codes

02338
+17.4%
02379
+13.4%
02767
+13.1%
02324
+5.5%
02333
+4.5%

Housing Supply in 02324, MA

How many homes are available in 02324, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6850-26.5%

Summary: The 02324 real estate market had 50 homes for sale in November 2024, a 26.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 97
-22.2%
3 2923
-20.7%
4 1911
-42.1%
5+ 77
0.0%

Summary: The 02324 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes decreased by 42.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2113-38.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02324, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 02324 in November 2024, down by 38.1% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.

Days on Market for 02324, MA

How long does it take to sell a home in 02324, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days37 Days+57.2%

Summary: Homes in 02324 had an average of 37 days on market in Nov 2024, up by 57.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02324 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 02324; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% 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 22 Days Ago

Newest Listings in 02324, MA

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