Is 02460, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02460 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02460 was a Seller's Market.

Key Takeaway

02460 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02460, MA

How much do homes in 02460, MA cost?

Median Sold Price

$1,350,000

$536/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,500(+0.2%)

Key Takeaway

The sold price of homes in 02460 has remained the same since last year.

Summary: The median home sold price in 02460 was $1,350,000 in October 2024, up 0.2% from last year, and the median price per square foot was $536.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $580K$805K
+38.8%
3 $1.1M$1.1M
+4.1%
4 $1.5M$1.4M
-4.2%
5+ $1.4M$1.6M
+13.2%

Summary: 02460 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.8%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 13.2%.

Median Sold Price Compared To Nearby Zip Codes

02458
+8.2%
02453
+4.5%
02472
+1.2%
02460
0.2%
02465
0.0%

Housing Supply in 02460, MA

How many homes are available in 02460, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2830+7.1%

Summary: The 02460 real estate market had 30 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 35
+66.7%
4 1113
+18.2%
5+ 118
-27.3%

Summary: The 02460 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 33.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02460, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 02460 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for 02460, MA

How long does it take to sell a home in 02460, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days35 Days+180.0%

Summary: Homes in 02460 had an average of 35 days on market in Oct 2024, up by 180% compared to last year.

Breakdown of Home Sale Times

3 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 02460 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 02460; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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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