Is 02671, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02671 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 02671 was a Neutral Market.

Key Takeaway

02671 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02671, MA

How much do homes in 02671, MA cost?

Median Sold Price

$820,000

$506/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$100,000(-10.9%)

Key Takeaway

Homes in 02671 have sold for 10.9% less than they did a year ago.

Summary: The median home sold price in 02671 was $820,000 in October 2024, down 10.9% from last year, and the median price per square foot was $506.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$385K
N/A
2 $617.5K$612.5K
-0.8%
3 $955K$846.2K
-11.4%
4 $1.2M$730K
-43.5%
5+ $975K$975K
0.0%

Summary: 02671 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 43.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

02639
+32.4%
02645
+19.2%
02671
-10.9%
02646
-25.2%

Housing Supply in 02671, MA

How many homes are available in 02671, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1317+30.8%

Summary: The 02671 real estate market had 17 homes for sale in October 2024, a 30.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 46
+50.0%
3 42
-50.0%
4 24
+100.0%
5+ 34
+33.3%

Summary: The 02671 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02671, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 02671 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 02671, MA

How long does it take to sell a home in 02671, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
85 Days68 Days-19.3%

Summary: Homes in 02671 had an average of 68 days on market in Oct 2024, down by 19.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02671 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 02671; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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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