Is 02653, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02653 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 02653 has remained a Seller's Market.

Key Takeaway

02653 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02653, MA

How much do homes in 02653, MA cost?

Median Sold Price

$970,000

$546/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$185,000(-16.0%)

Key Takeaway

Homes in 02653 have sold for 16% less than they did a year ago.

Summary: The median home sold price in 02653 was $970,000 in December 2024, down 16% from last year, and the median price per square foot was $546.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $260K$255K
-1.9%
2 $429.5K$512.5K
+19.3%
3 $1.0M$1.0M
-1.6%
4 $1.5M$1.8M
+21.6%
5+ $2.2M$2.4M
+6.8%

Summary: 02653 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 19.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Zip Codes

02642
+8.8%
02631
-6.1%
02653
-16.0%

Housing Supply in 02653, MA

How many homes are available in 02653, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2219-13.6%

Summary: The 02653 real estate market had 19 homes for sale in December 2024, a 13.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 54
-20.0%
4 76
-14.3%
5+ 53
-40.0%

Summary: The 02653 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 increased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 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 02653, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 02653 in December 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 02653, MA

How long does it take to sell a home in 02653, MA?

Average Sale Time

Dec 2023Dec 2024CHANGE
78 Days53 Days-32.4%

Summary: Homes in 02653 had an average of 53 days on market in Dec 2024, down by 32.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were 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 02653 has remained consistent over time.

Summary: During December 2024, 5 homes were sold in 02653; 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 9 Days Ago

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