Is 02770, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02770 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02770 has remained a Seller's Market.

Key Takeaway

02770 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02770, MA

How much do homes in 02770, MA cost?

Median Sold Price

$667,425

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$59,925(+9.9%)

Key Takeaway

Homes in 02770 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 02770 was $667,425 in October 2024, up 9.9% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $363K-
N/A
2 $518K$465.5K
-10.1%
3 $565K$650K
+15.0%
4 $745K$722.5K
-3.0%
5+ $700K$1.0M
+42.9%

Summary: 02770 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 10.1%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 42.9%.

Median Sold Price Compared To Nearby Zip Codes

02739
+17.6%
02347
+12.2%
02770
+9.9%
02576
+7.3%
02738
+1.9%

Housing Supply in 02770, MA

How many homes are available in 02770, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2217-22.7%

Summary: The 02770 real estate market had 17 homes for sale in October 2024, a 22.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 97
-22.2%
4 63
-50.0%
5+ 11
0.0%

Summary: The 02770 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 22.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was 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 02770, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 02770 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 02770, MA

How long does it take to sell a home in 02770, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days51 Days+154.1%

Summary: Homes in 02770 had an average of 51 days on market in Oct 2024, up by 154.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02770 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 02770; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

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