Is 02382, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02382 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02382 has remained a Seller's Market.

Key Takeaway

02382 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02382, MA

How much do homes in 02382, MA cost?

Median Sold Price

$520,000

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,000(+10.6%)

Key Takeaway

Homes in 02382 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 02382 was $520,000 in November 2024, up 10.6% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $327K$285K
-12.8%
2 $440K$450K
+2.3%
3 $480K$520K
+8.3%
4 $555K$595K
+7.2%
5+ $650K$720K
+10.8%

Summary: 02382 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

02341
+17.4%
02382
+10.6%
02302
+8.4%
02333
+4.5%
02351
+2.0%

Housing Supply in 02382, MA

How many homes are available in 02382, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4230-28.6%

Summary: The 02382 real estate market had 30 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 86
-25.0%
3 2015
-25.0%
4 73
-57.1%
5+ 66
0.0%

Summary: The 02382 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
147-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02382, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 02382 in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for 02382, MA

How long does it take to sell a home in 02382, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days20 Days-40.8%

Summary: Homes in 02382 had an average of 20 days on market in Nov 2024, down by 40.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02382 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 02382; 86% of homes were sold within 30 days, 14% 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 21 Days Ago

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