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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02341 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02341 was a Seller's Market.

Key Takeaway

02341 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02341, MA

How much do homes in 02341, MA cost?

Median Sold Price

$610,000

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,000(+19.6%)

Key Takeaway

Homes in 02341 have sold for 19.6% more than they did a year ago.

Summary: The median home sold price in 02341 was $610,000 in October 2024, up 19.6% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $407.5K-
N/A
2 $405K$473K
+16.8%
3 $510K$550.4K
+7.9%
4 $670K$684.5K
+2.2%
5+ $772K$750K
-2.8%

Summary: 02341 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

02341
+19.6%
02338
+15.8%
02382
+10.3%
02359
+4.6%

Housing Supply in 02341, MA

How many homes are available in 02341, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
30300.0%

Summary: The 02341 real estate market had 30 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 510
+100.0%
3 108
-20.0%
4 1010
0.0%
5+ 41
-75.0%

Summary: The 02341 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
114-63.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02341, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 02341 in October 2024, down by 63.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
19 Days19 Days+0.6%

Summary: Homes in 02341 had an average of 19 days on market in Oct 2024, up by 0.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was 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 October 2024, 4 homes were sold in 02341; 75% of homes were sold within 30 days, 25% 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 4 Days Ago

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