Is 02726, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02726 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02726 has remained a Seller's Market.

Key Takeaway

02726 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02726, MA

How much do homes in 02726, MA cost?

Median Sold Price

$475,000

$312/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,000(+4.6%)

Key Takeaway

Homes in 02726 have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in 02726 was $475,000 in October 2024, up 4.6% from last year, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $355K$365K
+2.8%
2 $372K$402K
+8.1%
3 $430K$470K
+9.3%
4 $525K$547.5K
+4.3%
5+ $512.5K$602.5K
+17.6%

Summary: 02726 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Zip Codes

02725
+19.0%
02720
+9.9%
02726
+4.6%
02777
+4.3%
02702
-1.0%

Housing Supply in 02726, MA

How many homes are available in 02726, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4445+2.3%

Summary: The 02726 real estate market had 45 homes for sale in October 2024, a 2.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 66
0.0%
3 2726
-3.7%
4 89
+12.5%
5+ 23
+50.0%

Summary: The 02726 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 decreased by 3.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02726, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 02726 in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for 02726, MA

How long does it take to sell a home in 02726, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days24 Days-15.8%

Summary: Homes in 02726 had an average of 24 days on market in Oct 2024, down by 15.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02726 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 02726; 63% of homes were sold within 30 days, 38% 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 23 Days Ago

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