$7,184 Closing Credit*
$605,000
1,898 SqFt
5 Beds
•2 Full Baths, 2 Partial
#73314712, Tara Bazarewsky, Listing Office: Conway - Wareham
Is 02324, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$600,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,500(+7.4%)
Key Takeaway
Homes in 02324 have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in 02324 was $600,000 in October 2024, up 7.4% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $250.1K | +16.3% |
| 2 Bedrooms | $320K | $350K | +9.4% |
| 3 Bedrooms | $570K | $590K | +3.5% |
| 4 Bedrooms | $700K | $682.5K | -2.5% |
| 5+ Bedrooms | $641.5K | $680K | +6.0% |
Summary: 02324 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 6%.
Housing Supply in 02324, MA
How many homes are available in 02324, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 72 | -6.5% |
Summary: The 02324 real estate market had 72 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 35 | 31 | -11.4% |
| 4 Bedrooms | 24 | 21 | -12.5% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 02324 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02324, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in 02324 in October 2024, down by 13.0% month-over-month. Of the 20 sold homes, 20% were sold under asking, 5% were sold at asking, and 75% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 25 Days | +12.5% |
Summary: Homes in 02324 had an average of 25 days on market in Oct 2024, up by 12.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02324 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 02324; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
