Is 02341, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02341 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02341 has remained a Seller's Market.

Key Takeaway

02341 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02341, MA

How much do homes in 02341, MA cost?

Median Sold Price

$600,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$89,000(+17.4%)

Key Takeaway

Homes in 02341 have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in 02341 was $600,000 in November 2024, up 17.4% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $407.5K-
N/A
2 $412.5K$473K
+14.7%
3 $500K$545K
+9.0%
4 $640K$699K
+9.2%
5+ $772K$750K
-2.8%

Summary: 02341 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

02341
+17.4%
02338
+17.4%
02382
+10.6%
02359
+3.7%

Housing Supply in 02341, MA

How many homes are available in 02341, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3633-8.3%

Summary: The 02341 real estate market had 33 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1112
+9.1%
3 1211
-8.3%
4 118
-27.3%
5+ 11
0.0%

Summary: The 02341 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
412+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02341, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 02341 in November 2024, up by 200.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.

Days on Market for 02341, MA

How long does it take to sell a home in 02341, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days26 Days-42.7%

Summary: Homes in 02341 had an average of 26 days on market in Nov 2024, down by 42.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02341 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 02341; 83% of homes were sold within 30 days, 17% 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 21 Days Ago

Newest Listings in 02341, MA

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