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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02648 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 02648 was a Seller's Market.

Key Takeaway

02648 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02648, MA

How much do homes in 02648, MA cost?

Median Sold Price

$652,500

$396/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,500(+4.4%)

Key Takeaway

Homes in 02648 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 02648 was $652,500 in November 2024, up 4.4% from last year, and the median price per square foot was $396.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $525K$487K
-7.2%
3 $662.5K$660K
-0.4%
4 $834K$1.2M
+54.8%
5+ $2.6M$2.9M
+14.4%

Summary: 02648 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 54.8%, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Zip Codes

02635
+7.6%
02655
+7.3%
02648
+4.4%
02632
+2.1%

Housing Supply in 02648, MA

How many homes are available in 02648, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2719-29.6%

Summary: The 02648 real estate market had 19 homes for sale in November 2024, a 29.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2115
-28.6%
4 32
-33.3%
5+ 11
0.0%

Summary: The 02648 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
91-88.9%

Asking Price vs. Sold Price

1 Home Was 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 02648, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 02648 in November 2024, down by 88.9% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
41 Days83 Days+99.2%

Summary: Homes in 02648 had an average of 83 days on market in Nov 2024, up by 99.2% compared to last year.

Breakdown of Home Sale Times

0 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

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

Summary: During November 2024, 1 homes were sold in 02648; 0% of homes were sold within 30 days, 100% 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 3 Days Ago

Newest Listings in 02648, MA

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