Is 02568, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02568 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02568 was a Buyer's Market.

Key Takeaway

02568 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02568, MA

How much do homes in 02568, MA cost?

Median Sold Price

$1,325,000

$803/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$113,000(+9.3%)

Key Takeaway

Homes in 02568 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 02568 was $1,325,000 in October 2024, up 9.3% from last year, and the median price per square foot was $803.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.1M$950K
-14.6%
2 $925K$875K
-5.4%
3 $1.2M$1.2M
+1.3%
4 $1.4M$1.5M
+9.4%
5+ $4.7M$1.5M
-68.4%

Summary: 02568 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 68.4%.

Housing Supply in 02568, MA

How many homes are available in 02568, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4038-5.0%

Summary: The 02568 real estate market had 38 homes for sale in October 2024, a 5.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 96
-33.3%
3 2021
+5.0%
4 45
+25.0%
5+ 43
-25.0%

Summary: The 02568 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 33.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02568, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 02568 in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 02568, MA

How long does it take to sell a home in 02568, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days105 Days+85.0%

Summary: Homes in 02568 had an average of 105 days on market in Oct 2024, up by 85% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 02568 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 7 homes were sold in 02568; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% 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 20 Days Ago

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