Is 02532, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02532 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02532 has remained a Seller's Market.

Key Takeaway

02532 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02532, MA

How much do homes in 02532, MA cost?

Median Sold Price

$548,950

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$78,950(+16.8%)

Key Takeaway

Homes in 02532 have sold for 16.8% more than they did a year ago.

Summary: The median home sold price in 02532 was $548,950 in November 2024, up 16.8% from last year, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $292.4K$330K
+12.8%
2 $392.5K$463.5K
+18.1%
3 $502.5K$577.5K
+14.9%
4 $685K$648.2K
-5.4%
5+ $850K$850K
0.0%

Summary: 02532 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

02532
+16.8%
02559
+15.0%
02538
+9.5%

Housing Supply in 02532, MA

How many homes are available in 02532, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6553-18.5%

Summary: The 02532 real estate market had 53 homes for sale in November 2024, a 18.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 2523
-8.0%
3 2518
-28.0%
4 108
-20.0%
5+ 44
0.0%

Summary: The 02532 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 8%, 3 bedroom homes decreased by 28%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
17170.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02532, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 02532 in November 2024, the same as the previous month. Of the 17 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.

Days on Market for 02532, MA

How long does it take to sell a home in 02532, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days42 Days+27.2%

Summary: Homes in 02532 had an average of 42 days on market in Nov 2024, up by 27.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 02532 has remained consistent over time.

Summary: During November 2024, 17 homes were sold in 02532; 35% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 6% 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

Newest Listings in 02532, MA

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