Is 02465, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02465 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02465 has remained a Seller's Market.

Key Takeaway

02465 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02465, MA

How much do homes in 02465, MA cost?

Median Sold Price

$1,250,000

$557/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in 02465 has remained the same since last year.

Summary: The median home sold price in 02465 was $1,250,000 in October 2024, the same as last year, and the median price per square foot was $557.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$509K
N/A
2 $650.5K$803.2K
+23.5%
3 $915K$950K
+3.8%
4 $1.2M$1.4M
+11.0%
5+ $2.5M$2.4M
-2.0%

Summary: 02465 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 23.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Zip Codes

02453
+4.5%
02466
+2.4%
02460
0.2%
02465
0.0%

Housing Supply in 02465, MA

How many homes are available in 02465, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4043+7.5%

Summary: The 02465 real estate market had 43 homes for sale in October 2024, a 7.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 25
+150.0%
3 85
-37.5%
4 811
+37.5%
5+ 2121
0.0%

Summary: The 02465 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 150%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02465, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 02465 in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for 02465, MA

How long does it take to sell a home in 02465, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days45 Days-29.0%

Summary: Homes in 02465 had an average of 45 days on market in Oct 2024, down by 29% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02465 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 02465; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

Newest Listings in 02465, MA

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