Is 02467, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02467 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02467 was a Seller's Market.

Key Takeaway

02467 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02467, MA

How much do homes in 02467, MA cost?

Median Sold Price

$1,300,000

$602/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,500(+1.3%)

Key Takeaway

Homes in 02467 have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in 02467 was $1,300,000 in October 2024, up 1.3% from last year, and the median price per square foot was $602.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $415K$428K
+3.1%
2 $570K$792.5K
+39.0%
3 $1.4M$1.2M
-10.3%
4 $1.8M$1.7M
-8.1%
5+ $2.5M$2.6M
+3.5%

Summary: 02467 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 39%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Zip Codes

02459
+13.5%
02130
+4.7%
02467
+1.3%
02445
-15.3%
02135
-22.4%

Housing Supply in 02467, MA

How many homes are available in 02467, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7178+9.9%

Summary: The 02467 real estate market had 78 homes for sale in October 2024, a 9.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 1817
-5.6%
3 66
0.0%
4 1618
+12.5%
5+ 2633
+26.9%

Summary: The 02467 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 26.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

8 Homes Were 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 02467, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 02467 in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.

Days on Market for 02467, MA

How long does it take to sell a home in 02467, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
49 Days57 Days+17.8%

Summary: Homes in 02467 had an average of 57 days on market in Oct 2024, up by 17.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02467 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 02467; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% 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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