Is 02777, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 02777 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 02777 has remained a Seller's Market.

Key Takeaway

02777 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 02777, MA

How much do homes in 02777, MA cost?

Median Sold Price

$459,000

$330/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,100(+4.3%)

Key Takeaway

Homes in 02777 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 02777 was $459,000 in October 2024, up 4.3% from last year, and the median price per square foot was $330.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $405K$310K
-23.5%
2 $332K$396K
+19.3%
3 $440K$475K
+8.0%
4 $485K$543K
+12.0%
5+ $462.5K$530K
+14.6%

Summary: 02777 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Zip Codes

02725
+19.0%
02769
+8.2%
02726
+4.6%
02777
+4.3%

Housing Supply in 02777, MA

How many homes are available in 02777, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5351-3.8%

Summary: The 02777 real estate market had 51 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 3131
0.0%
4 1311
-15.4%
5+ 01
+100.0%

Summary: The 02777 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 decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 02777, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 02777 in October 2024, down by 16.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% were sold over asking.

Days on Market for 02777, MA

How long does it take to sell a home in 02777, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days36 Days+207.8%

Summary: Homes in 02777 had an average of 36 days on market in Oct 2024, up by 207.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 02777 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in 02777; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% 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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