Is 02446, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02446 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 02446 has remained a Seller's 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

$1,120,000

$800/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$145,000(+14.9%)

Key Takeaway

Homes in 02446 have sold for 14.9% more than they did a year ago.

Summary: The median home sold price in 02446 was $1,120,000 in December 2024, up 14.9% from last year, and the median price per square foot was $800.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $615K$641K
+4.2%
2 $862.5K$885K
+2.6%
3 $1.4M$1.3M
-6.6%
4 $2.0M$2.1M
+5.5%
5+ $2.8M$2.5M
-12.3%

Summary: 02446 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

02446
+14.9%
02445
-11.6%
02135
-19.0%

Housing Supply in 02446, MA

How many homes are available in 02446, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6845-33.8%

Summary: The 02446 real estate market had 45 homes for sale in December 2024, a 33.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 86
-25.0%
2 198
-57.9%
3 1811
-38.9%
4 1412
-14.3%
5+ 98
-11.1%

Summary: The 02446 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 57.9%, 3 bedroom homes decreased by 38.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2224+9.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02446, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 02446 in December 2024, up by 9.1% month-over-month. Of the 24 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% 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

Dec 2023Dec 2024CHANGE
31 Days45 Days+45.4%

Summary: Homes in 02446 had an average of 45 days on market in Dec 2024, up by 45.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 02446 has remained consistent over time.

Summary: During December 2024, 24 homes were sold in 02446; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% 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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