Is 02343, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02343 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02343 has remained a Seller's Market.

Key Takeaway

02343 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02343, MA

How much do homes in 02343, MA cost?

Median Sold Price

$525,000

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,000(+10.5%)

Key Takeaway

Homes in 02343 have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in 02343 was $525,000 in November 2024, up 10.5% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $217K-
N/A
2 $359K$415K
+15.6%
3 $473.5K$529.9K
+11.9%
4 $560K$555.5K
-0.8%
5+ $604K$700K
+15.9%

Summary: 02343 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 15.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 15.9%.

Median Sold Price Compared To Nearby Zip Codes

02343
+10.5%
02368
+9.5%
02184
+3.4%
02190
+2.8%
02351
+2.0%

Housing Supply in 02343, MA

How many homes are available in 02343, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2924-17.2%

Summary: The 02343 real estate market had 24 homes for sale in November 2024, a 17.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 1614
-12.5%
4 44
0.0%
5+ 22
0.0%

Summary: The 02343 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 decreased by 42.9%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02343, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in 02343 in November 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 02343, MA

How long does it take to sell a home in 02343, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days31 Days-13.5%

Summary: Homes in 02343 had an average of 31 days on market in Nov 2024, down by 13.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02343 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 02343; 50% of homes were sold within 30 days, 50% 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 22 Days Ago

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