Is 02472, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02472 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02472 has remained a Seller's Market.

Key Takeaway

02472 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02472, MA

How much do homes in 02472, MA cost?

Median Sold Price

$842,500

$527/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,166(+0.7%)

Key Takeaway

Homes in 02472 have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in 02472 was $842,500 in November 2024, up 0.7% from last year, and the median price per square foot was $527.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $417K$511K
+22.5%
2 $530K$630K
+18.9%
3 $845K$849.9K
+0.6%
4 $1.1M$1.0M
-6.8%
5+ $1.1M$1.2M
+4.3%

Summary: 02472 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

02458
+14.9%
02478
+8.9%
02460
+1.5%
02472
+0.7%
02135
-22.7%

Housing Supply in 02472, MA

How many homes are available in 02472, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10688-17.0%

Summary: The 02472 real estate market had 88 homes for sale in November 2024, a 17.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 2822
-21.4%
3 3728
-24.3%
4 2023
+15.0%
5+ 1713
-23.5%

Summary: The 02472 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 24.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 23.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2819-32.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02472, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in 02472 in November 2024, down by 32.1% month-over-month. Of the 19 sold homes, 42% were sold under asking, 5% were sold at asking, and 53% were sold over asking.

Days on Market for 02472, MA

How long does it take to sell a home in 02472, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days35 Days+33.2%

Summary: Homes in 02472 had an average of 35 days on market in Nov 2024, up by 33.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02472 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 19 homes were sold in 02472; 58% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 5% 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 25 Days Ago

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