Is 02379, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02379 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02379 has remained a Seller's Market.

Key Takeaway

02379 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02379, MA

How much do homes in 02379, MA cost?

Median Sold Price

$598,500

$314/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,500(+13.4%)

Key Takeaway

Homes in 02379 have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in 02379 was $598,500 in November 2024, up 13.4% from last year, and the median price per square foot was $314.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$288.2K
N/A
2 $405K$540K
+33.3%
3 $512.5K$539.9K
+5.3%
4 $650K$825K
+26.9%
5+ $694K$835K
+20.3%

Summary: 02379 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 33.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 20.3%.

Median Sold Price Compared To Nearby Zip Codes

02375
+19.6%
02379
+13.4%
02324
+5.5%
02301
+4.9%
02333
+4.5%

Housing Supply in 02379, MA

How many homes are available in 02379, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3729-21.6%

Summary: The 02379 real estate market had 29 homes for sale in November 2024, a 21.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 32
-33.3%
3 1311
-15.4%
4 1611
-31.3%
5+ 54
-20.0%

Summary: The 02379 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02379, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 02379 in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 02379, MA

How long does it take to sell a home in 02379, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days45 Days+97.4%

Summary: Homes in 02379 had an average of 45 days on market in Nov 2024, up by 97.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02379 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 02379; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

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