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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02459 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02459 was a Seller's Market.

Key Takeaway

02459 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 02459, MA

How much do homes in 02459, MA cost?

Median Sold Price

$1,845,000

$610/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$220,000(+13.5%)

Key Takeaway

Homes in 02459 have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in 02459 was $1,845,000 in October 2024, up 13.5% from last year, and the median price per square foot was $610.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $562.5K$567.5K
+0.9%
2 $803.8K$810K
+0.8%
3 $1.1M$1.4M
+27.2%
4 $1.7M$1.7M
+0.8%
5+ $2.4M$2.6M
+10.2%

Summary: 02459 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 27.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Zip Codes

02461
+15.1%
02459
+13.5%
02458
+8.2%
02467
+1.3%
02460
0.2%

Housing Supply in 02459, MA

How many homes are available in 02459, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7881+3.8%

Summary: The 02459 real estate market had 81 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 46
+50.0%
3 1210
-16.7%
4 1820
+11.1%
5+ 4343
0.0%

Summary: The 02459 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 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. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 02459 in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 8% were sold at asking, and 31% 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

Oct 2023Oct 2024CHANGE
43 Days26 Days-39.1%

Summary: Homes in 02459 had an average of 26 days on market in Oct 2024, down by 39.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 13 homes were sold in 02459; 62% of homes were sold within 30 days, 38% 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 4 Days Ago

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