Is 02646, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02646 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02646 was a Seller's Market.

Key Takeaway

02646 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02646, MA

How much do homes in 02646, MA cost?

Median Sold Price

$861,250

$523/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$289,750(-25.2%)

Key Takeaway

Homes in 02646 have sold for 25.2% less than they did a year ago.

Summary: The median home sold price in 02646 was $861,250 in October 2024, down 25.2% from last year, and the median price per square foot was $523.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $285K-
N/A
2 $341K$422.5K
+23.9%
3 $933.5K$1.2M
+31.2%
4 $1.6M$1.4M
-14.9%
5+ $1.9M$3.8M
+94.9%

Summary: 02646 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 23.9%, 3 bedroom homes increased by 31.2%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 94.9%.

Median Sold Price Compared To Nearby Zip Codes

02645
+19.2%
02671
-10.9%
02646
-25.2%

Housing Supply in 02646, MA

How many homes are available in 02646, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1217+41.7%

Summary: The 02646 real estate market had 17 homes for sale in October 2024, a 41.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 34
+33.3%
4 65
-16.7%
5+ 35
+66.7%

Summary: The 02646 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 increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02646, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 02646 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 02646, MA

How long does it take to sell a home in 02646, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
76 Days135 Days+76.5%

Summary: Homes in 02646 had an average of 135 days on market in Oct 2024, up by 76.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 02646 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in 02646; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

Newest Listings in 02646, MA

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