Is 02459, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02459 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02459 has remained a Seller's Market.

Key Takeaway

02459 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02459, MA

How much do homes in 02459, MA cost?

Median Sold Price

$1,850,000

$609/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$185,000(+11.1%)

Key Takeaway

Homes in 02459 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 02459 was $1,850,000 in November 2024, up 11.1% from last year, and the median price per square foot was $609.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $562.5K$565K
0.4%
2 $775K$817.2K
+5.5%
3 $1.1M$1.4M
+22.1%
4 $1.7M$1.7M
-0.7%
5+ $2.2M$2.7M
+22.9%

Summary: 02459 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 22.1%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Zip Codes

02461
+19.9%
02458
+14.9%
02459
+11.1%
02460
+1.5%
02467
0.0%

Housing Supply in 02459, MA

How many homes are available in 02459, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7466-10.8%

Summary: The 02459 real estate market had 66 homes for sale in November 2024, a 10.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 89
+12.5%
3 106
-40.0%
4 1617
+6.3%
5+ 3832
-15.8%

Summary: The 02459 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 15.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02459, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 02459 in November 2024, up by 16.7% month-over-month. Of the 14 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for 02459, MA

How long does it take to sell a home in 02459, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days39 Days-15.3%

Summary: Homes in 02459 had an average of 39 days on market in Nov 2024, down by 15.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02459 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in 02459; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% 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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