Is 02537, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02537 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02537 was a Seller's Market.

Key Takeaway

02537 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 02537, MA

How much do homes in 02537, MA cost?

Median Sold Price

$799,900

$381/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,400(+3.4%)

Key Takeaway

Homes in 02537 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 02537 was $799,900 in October 2024, up 3.4% from last year, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $465K$555K
+19.4%
3 $739.7K$875K
+18.3%
4 $805K$842.4K
+4.7%
5+ -$2.2M
N/A

Summary: 02537 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

02563
+8.5%
02648
+7.8%
02537
+3.4%

Housing Supply in 02537, MA

How many homes are available in 02537, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4026-35.0%

Summary: The 02537 real estate market had 26 homes for sale in October 2024, a 35.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 51
-80.0%
3 178
-52.9%
4 1312
-7.7%
5+ 55
0.0%

Summary: The 02537 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 80%, 3 bedroom homes decreased by 52.9%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
134-69.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02537, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 02537 in October 2024, down by 69.2% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 02537, MA

How long does it take to sell a home in 02537, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days36 Days+34.2%

Summary: Homes in 02537 had an average of 36 days on market in Oct 2024, up by 34.2% 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 02537 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 02537; 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 21 Days Ago

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