Is 02333, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02333 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02333 has remained a Seller's Market.

Key Takeaway

02333 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02333, MA

How much do homes in 02333, MA cost?

Median Sold Price

$510,000

$321/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+3.0%)

Key Takeaway

Homes in 02333 have sold for 3% more than they did a year ago.

Summary: The median home sold price in 02333 was $510,000 in October 2024, up 3% from last year, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$349.9K
+55.5%
2 $385.5K$403.5K
+4.7%
3 $504K$528.7K
+4.9%
4 $680K$680K
0.0%
5+ $677.5K$700K
+3.3%

Summary: 02333 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.5%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Zip Codes

02341
+19.6%
02382
+10.3%
02379
+7.6%
02324
+7.4%
02333
+3.0%

Housing Supply in 02333, MA

How many homes are available in 02333, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4036-10.0%

Summary: The 02333 real estate market had 36 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 89
+12.5%
3 1512
-20.0%
4 1313
0.0%
5+ 22
0.0%

Summary: The 02333 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02333, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 02333 in October 2024, the same as the previous month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.

Days on Market for 02333, MA

How long does it take to sell a home in 02333, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days51 Days+70.9%

Summary: Homes in 02333 had an average of 51 days on market in Oct 2024, up by 70.9% compared to last year.

Breakdown of Home Sale Times

7 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 02333 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 02333; 64% of homes were sold within 30 days, 18% 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 4 Days Ago

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