Is 02360, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02360 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02360 has remained a Seller's Market.

Key Takeaway

02360 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02360, MA

How much do homes in 02360, MA cost?

Median Sold Price

$622,000

$343/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$57,000(+10.1%)

Key Takeaway

Homes in 02360 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 02360 was $622,000 in October 2024, up 10.1% from last year, and the median price per square foot was $343.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $400K$282.5K
-29.4%
2 $540K$570K
+5.6%
3 $570K$625K
+9.6%
4 $669.5K$705K
+5.3%
5+ $795K$837.5K
+5.3%

Summary: 02360 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.4%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

02571
+15.4%
02360
+10.1%
02562
+7.4%
02330
+7.0%
02538
+4.3%

Housing Supply in 02360, MA

How many homes are available in 02360, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2862870.3%

Summary: The 02360 real estate market had 287 homes for sale in October 2024, a 0.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 47
+75.0%
2 114100
-12.3%
3 107119
+11.2%
4 5150
-2.0%
5+ 1011
+10.0%

Summary: The 02360 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8055-31.3%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02360, you may be able to get a good deal. 47.3% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in 02360 in October 2024, down by 31.3% month-over-month. Of the 55 sold homes, 47% were sold under asking, 9% were sold at asking, and 44% were sold over asking.

Days on Market for 02360, MA

How long does it take to sell a home in 02360, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days46 Days+49.6%

Summary: Homes in 02360 had an average of 46 days on market in Oct 2024, up by 49.6% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02360 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 55 homes were sold in 02360; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% 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 13 Days Ago

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