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 November 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

$1,255,000

$560/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+2.4%)

Key Takeaway

Homes in 02465 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 02465 was $1,255,000 in November 2024, up 2.4% from last year, and the median price per square foot was $560.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$509K
N/A
2 $672K$826.5K
+23.0%
3 $900K$990K
+10.0%
4 $1.2M$1.3M
+8.5%
5+ $2.5M$2.5M
+0.6%

Summary: 02465 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Zip Codes

02453
+7.6%
02466
+2.7%
02465
+2.4%
02460
+1.5%
02468
-9.7%

Housing Supply in 02465, MA

How many homes are available in 02465, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4029-27.5%

Summary: The 02465 real estate market had 29 homes for sale in November 2024, a 27.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 43
-25.0%
3 74
-42.9%
4 97
-22.2%
5+ 1915
-21.1%

Summary: The 02465 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 21.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02465, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 02465 in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

Nov 2023Nov 2024CHANGE
24 Days33 Days+38.3%

Summary: Homes in 02465 had an average of 33 days on market in Nov 2024, up by 38.3% compared to last year.

Breakdown of Home Sale Times

4 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 02465 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 02465; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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

Newest Listings in 02465, MA

Nearby Markets to 02465, MA