$10,000 Closing Credit*
$859,000
1,151 SqFt
2 Beds
•2 Full Baths
#73314792, Michael Tinsley, Listing Office: Longwood Residential, LLC
Is 02446, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 02446 was a Neutral Market.
Key Takeaway
02446 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02446, MA
How much do homes in 02446, MA cost?
Median Sold Price
$1,094,344
$795/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,344(+4.7%)
Key Takeaway
Homes in 02446 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 02446 was $1,094,344 in October 2024, up 4.7% from last year, and the median price per square foot was $795.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $613.9K | $630K | +2.6% |
| 2 Bedrooms | $890K | $862.7K | -3.1% |
| 3 Bedrooms | $1.4M | $1.3M | -3.2% |
| 4 Bedrooms | $2.0M | $2.1M | +6.4% |
| 5+ Bedrooms | $2.8M | $2.5M | -12.3% |
Summary: 02446 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 12.3%.
Housing Supply in 02446, MA
How many homes are available in 02446, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 89 | +17.1% |
Summary: The 02446 real estate market had 89 homes for sale in October 2024, a 17.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 9 | -30.8% |
| 2 Bedrooms | 33 | 39 | +18.2% |
| 3 Bedrooms | 7 | 19 | +171.4% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 02446 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 30.8%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 171.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 18 | +125.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02446, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in 02446 in October 2024, up by 125.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 6% were sold at asking, and 61% were sold over asking.
Days on Market for 02446, MA
How long does it take to sell a home in 02446, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 34 Days | +134.4% |
Summary: Homes in 02446 had an average of 34 days on market in Oct 2024, up by 134.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02446 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in 02446; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
