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 October 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

$518,500

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$48,500(+10.3%)

Key Takeaway

Homes in 02382 have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in 02382 was $518,500 in October 2024, up 10.3% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $327K$285K
-12.8%
2 $438.7K$450K
+2.6%
3 $480K$505K
+5.2%
4 $550K$592.5K
+7.7%
5+ $650K$720K
+10.8%

Summary: 02382 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Zip Codes

02341
+19.6%
02382
+10.3%
02302
+9.0%
02333
+3.0%
02351
0.4%

Housing Supply in 02382, MA

How many homes are available in 02382, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4341-4.7%

Summary: The 02382 real estate market had 41 homes for sale in October 2024, a 4.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 2119
-9.5%
4 87
-12.5%
5+ 66
0.0%

Summary: The 02382 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 increased by 14.3%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 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. 64.3% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 02382 in October 2024, down by 22.2% month-over-month. Of the 14 sold homes, 29% were sold under asking, 7% were sold at asking, and 64% 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

Oct 2023Oct 2024CHANGE
28 Days22 Days-21.7%

Summary: Homes in 02382 had an average of 22 days on market in Oct 2024, down by 21.7% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 14 homes were sold in 02382; 93% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% 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 20 Days Ago

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