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 October 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

$1,035,250

$543/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$34,750(-3.2%)

Key Takeaway

Homes in 02653 have sold for 3.2% less than they did a year ago.

Summary: The median home sold price in 02653 was $1,035,250 in October 2024, down 3.2% from last year, and the median price per square foot was $543.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $269K$255K
-5.2%
2 $462.5K$487.5K
+5.4%
3 $1.0M$1.0M
-6.7%
4 $1.5M$1.8M
+19.8%
5+ $1.8M$2.6M
+40.7%

Summary: 02653 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 40.7%.

Median Sold Price Compared To Nearby Zip Codes

02642
-1.6%
02653
-3.2%
02631
-3.6%

Housing Supply in 02653, MA

How many homes are available in 02653, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3233+3.1%

Summary: The 02653 real estate market had 33 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 67
+16.7%
4 1110
-9.1%
5+ 78
+14.3%

Summary: The 02653 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 02653 in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% 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

Oct 2023Oct 2024CHANGE
41 Days38 Days-6.5%

Summary: Homes in 02653 had an average of 38 days on market in Oct 2024, down by 6.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02653 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 02653; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 23 Days Ago

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