Is 02648, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02648 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 02648 has remained a Seller's Market.

Key Takeaway

02648 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02648, MA

How much do homes in 02648, MA cost?

Median Sold Price

$660,000

$398/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$42,945(+7.0%)

Key Takeaway

Homes in 02648 have sold for 7% more than they did a year ago.

Summary: The median home sold price in 02648 was $660,000 in December 2024, up 7% from last year, and the median price per square foot was $398.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $495K$509K
+2.8%
3 $680K$660K
-2.9%
4 $779.5K$1.2M
+65.7%
5+ $4.5M$2.9M
-33.5%

Summary: 02648 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 65.7%, and 5+ bedroom homes decreased by 33.5%.

Median Sold Price Compared To Nearby Zip Codes

02655
+23.8%
02635
+16.7%
02668
+9.4%
02648
+7.0%
02632
-2.3%

Housing Supply in 02648, MA

How many homes are available in 02648, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2321-8.7%

Summary: The 02648 real estate market had 21 homes for sale in December 2024, a 8.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1716
-5.9%
4 21
-50.0%
5+ 11
0.0%

Summary: The 02648 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02648, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 02648 in December 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 02648, MA

How long does it take to sell a home in 02648, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
34 Days65 Days+88.9%

Summary: Homes in 02648 had an average of 65 days on market in Dec 2024, up by 88.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 02648 has remained consistent over time.

Summary: During December 2024, 7 homes were sold in 02648; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 7 Days Ago

Newest Listings in 02648, MA

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