$2,671 Closing Credit*
$224,900
600 SqFt
2 Beds
•1 Full Bath
#73323494, Kiersten Luis, Listing Office: Century 21 Premier Agency
Is 02347, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 02347 has remained a Seller's Market.
Key Takeaway
02347 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02347, MA
How much do homes in 02347, MA cost?
Median Sold Price
$585,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$55,667(+10.5%)
Key Takeaway
Homes in 02347 have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in 02347 was $585,000 in December 2024, up 10.5% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $312.5K | $325K | +4.0% |
| 2 Bedrooms | $420K | $500K | +19.0% |
| 3 Bedrooms | $525K | $600K | +14.3% |
| 4 Bedrooms | $661.5K | $710.4K | +7.4% |
| 5+ Bedrooms | $750K | $960K | +28.0% |
Summary: 02347 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 28%.
Median Sold Price Compared To Nearby Zip Codes
| 02717 | $485K | $590K | +21.6% |
| 02779 | $550K | $615K | +11.8% |
| 02347 | $529.3K | $585K | +10.5% |
| 02718 | $465K | $500K | +7.5% |
| 02346 | $502.5K | $520K | +3.5% |
Housing Supply in 02347, MA
How many homes are available in 02347, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The 02347 real estate market had 40 homes for sale in December 2024, a 2.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 02347 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02347, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 02347 in December 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for 02347, MA
How long does it take to sell a home in 02347, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 36 Days | 49 Days | +36.8% |
Summary: Homes in 02347 had an average of 49 days on market in Dec 2024, up by 36.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 02347 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in 02347; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
