Is 02743, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02743 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 02743 was a Seller's Market.

Key Takeaway

02743 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 02743, MA

How much do homes in 02743, MA cost?

Median Sold Price

$490,000

$297/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+6.5%)

Key Takeaway

Homes in 02743 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 02743 was $490,000 in November 2024, up 6.5% from last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$340K
N/A
2 $360K$462K
+28.3%
3 $462K$487.5K
+5.5%
4 $515K$674.9K
+31.1%
5+ $549K$594.9K
+8.4%

Summary: 02743 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.3%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes increased by 8.4%.

Median Sold Price Compared To Nearby Zip Codes

02717
+14.6%
02745
+11.6%
02770
+9.0%
02719
+7.0%
02743
+6.5%

Housing Supply in 02743, MA

How many homes are available in 02743, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2415-37.5%

Summary: The 02743 real estate market had 15 homes for sale in November 2024, a 37.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 94
-55.6%
4 117
-36.4%
5+ 32
-33.3%

Summary: The 02743 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 55.6%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02743, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 02743 in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 02743, MA

How long does it take to sell a home in 02743, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days45 Days+19.3%

Summary: Homes in 02743 had an average of 45 days on market in Nov 2024, up by 19.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 02743 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 02743; 0% of homes were sold within 30 days, 100% 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 10 Days Ago

Newest Listings in 02743, MA

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