Is 02332, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02332 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02332 has remained a Seller's Market.

Key Takeaway

02332 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02332, MA

How much do homes in 02332, MA cost?

Median Sold Price

$1,126,000

$427/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$119,000(+11.8%)

Key Takeaway

Homes in 02332 have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in 02332 was $1,126,000 in October 2024, up 11.8% from last year, and the median price per square foot was $427.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $285K$315K
+10.5%
2 $580K$654K
+12.8%
3 $850K$875K
+2.9%
4 $1.1M$1.2M
+8.6%
5+ $1.8M$1.7M
-7.5%

Summary: 02332 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 7.5%.

Median Sold Price Compared To Nearby Zip Codes

02332
+11.8%
02050
+5.0%
02359
+4.6%
02364
+3.3%

Housing Supply in 02332, MA

How many homes are available in 02332, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5651-8.9%

Summary: The 02332 real estate market had 51 homes for sale in October 2024, a 8.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 914
+55.6%
4 2818
-35.7%
5+ 1311
-15.4%

Summary: The 02332 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 increased by 33.3%, 3 bedroom homes increased by 55.6%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1911-42.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02332, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 02332 in October 2024, down by 42.1% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for 02332, MA

How long does it take to sell a home in 02332, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days55 Days+61.8%

Summary: Homes in 02332 had an average of 55 days on market in Oct 2024, up by 61.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02332 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 02332; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

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