Is 02675, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02675 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 02675 has remained a Seller's Market.

Key Takeaway

02675 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02675, MA

How much do homes in 02675, MA cost?

Median Sold Price

$670,000

$434/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$64,000(+10.6%)

Key Takeaway

Homes in 02675 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 02675 was $670,000 in November 2024, up 10.6% from last year, and the median price per square foot was $434.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $180K$176K
-2.2%
2 $500K$570K
+14.0%
3 $638.5K$745K
+16.7%
4 $877.5K$879.6K
0.2%
5+ $1.3M$1.4M
+4.7%

Summary: 02675 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Zip Codes

02660
+17.9%
02675
+10.6%
02664
+8.1%
02673
-5.8%
02638
-8.0%

Housing Supply in 02675, MA

How many homes are available in 02675, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3927-30.8%

Summary: The 02675 real estate market had 27 homes for sale in November 2024, a 30.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 1916
-15.8%
3 158
-46.7%
4 22
0.0%
5+ 11
0.0%

Summary: The 02675 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 46.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13130.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02675, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 02675 in November 2024, the same as the previous month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for 02675, MA

How long does it take to sell a home in 02675, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days33 Days+60.1%

Summary: Homes in 02675 had an average of 33 days on market in Nov 2024, up by 60.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02675 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in 02675; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% 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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