Is 02466, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02466 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 02466 was a Neutral Market.

Key Takeaway

02466 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02466, MA

How much do homes in 02466, MA cost?

Median Sold Price

$1,304,000

$579/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,000(+2.7%)

Key Takeaway

Homes in 02466 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 02466 was $1,304,000 in November 2024, up 2.7% from last year, and the median price per square foot was $579.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $527.5K$442K
-16.2%
2 $823K$676.5K
-17.8%
3 $913.2K$1.1M
+25.9%
4 $1.6M$1.5M
-4.8%
5+ $1.7M$1.7M
+2.9%

Summary: 02466 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes decreased by 17.8%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

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

Housing Supply in 02466, MA

How many homes are available in 02466, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
21210.0%

Summary: The 02466 real estate market had 21 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 32
-33.3%
4 55
0.0%
5+ 1012
+20.0%

Summary: The 02466 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 decreased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02466, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 02466 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 02466, MA

How long does it take to sell a home in 02466, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days24 Days-31.4%

Summary: Homes in 02466 had an average of 24 days on market in Nov 2024, down by 31.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02466 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 02466; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

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