Is 02657, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02657 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02657 has remained a Seller's Market.

Key Takeaway

02657 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02657, MA

How much do homes in 02657, MA cost?

Median Sold Price

$1,150,000

$1,400/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$306,000(+36.3%)

Key Takeaway

Homes in 02657 have sold for 36.3% more than they did a year ago.

Summary: The median home sold price in 02657 was $1,150,000 in October 2024, up 36.3% from last year, and the median price per square foot was $1,400.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $588K$820K
+39.5%
2 $897K$1.2M
+42.1%
3 $1.7M$2.1M
+25.0%
4 $1.8M$2.3M
+28.6%
5+ $2.9M-
N/A

Summary: 02657 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.5%, 2 bedroom homes increased by 42.1%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes did not change.

Housing Supply in 02657, MA

How many homes are available in 02657, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64640.0%

Summary: The 02657 real estate market had 64 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2324
+4.3%
2 1616
0.0%
3 1715
-11.8%
4 33
0.0%
5+ 56
+20.0%

Summary: The 02657 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
614+133.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02657, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 02657 in October 2024, up by 133.3% month-over-month. Of the 14 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.

Days on Market for 02657, MA

How long does it take to sell a home in 02657, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days52 Days+11.1%

Summary: Homes in 02657 had an average of 52 days on market in Oct 2024, up by 11.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

8 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 02657 has remained consistent over time.

Summary: During October 2024, 14 homes were sold in 02657; 29% of homes were sold within 30 days, 57% 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 20 Days Ago

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