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 October 2023

At the same time last year, 02379 was a Neutral 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

$565,000

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+7.6%)

Key Takeaway

Homes in 02379 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 02379 was $565,000 in October 2024, up 7.6% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$288.2K
N/A
2 $410K$540K
+31.7%
3 $510K$535K
+4.9%
4 $678K$742.5K
+9.5%
5+ $630K$835K
+32.5%

Summary: 02379 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 31.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 32.5%.

Median Sold Price Compared To Nearby Zip Codes

02375
+19.6%
02379
+7.6%
02324
+7.4%
02301
+6.2%
02333
+3.0%

Housing Supply in 02379, MA

How many homes are available in 02379, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3135+12.9%

Summary: The 02379 real estate market had 35 homes for sale in October 2024, a 12.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1113
+18.2%
4 1215
+25.0%
5+ 44
0.0%

Summary: The 02379 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 decreased by 25%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 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. 77.8% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 02379 in October 2024, down by 10.0% month-over-month. Of the 9 sold homes, 0% were sold under asking, 22% were sold at asking, and 78% 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

Oct 2023Oct 2024CHANGE
24 Days26 Days+10.2%

Summary: Homes in 02379 had an average of 26 days on market in Oct 2024, up by 10.2% compared to last year.

Breakdown of Home Sale Times

6 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 02379 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 02379; 67% of homes were sold within 30 days, 33% 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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