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 December 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

$475,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$35,100(+8.0%)

Key Takeaway

Homes in 02777 have sold for 8% more than they did a year ago.

Summary: The median home sold price in 02777 was $475,000 in December 2024, up 8% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $405K$310K
-23.5%
2 $332K$410K
+23.5%
3 $450K$484.5K
+7.7%
4 $482.5K$630K
+30.6%
5+ $425K$681.2K
+60.3%

Summary: 02777 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes increased by 60.3%.

Median Sold Price Compared To Nearby Zip Codes

02725
+19.4%
02777
+8.0%
02769
+7.6%
02726
+6.0%

Housing Supply in 02777, MA

How many homes are available in 02777, MA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4943-12.2%

Summary: The 02777 real estate market had 43 homes for sale in December 2024, a 12.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 85
-37.5%
3 2723
-14.8%
4 1011
+10.0%
5+ 33
0.0%

Summary: The 02777 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 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. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 02777 in December 2024, up by 27.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% 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

Dec 2023Dec 2024CHANGE
27 Days29 Days+7.5%

Summary: Homes in 02777 had an average of 29 days on market in Dec 2024, up by 7.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 December 2024, 14 homes were sold in 02777; 64% of homes were sold within 30 days, 36% 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 2 Days Ago

Newest Listings in 02777, MA

Nearby Markets to 02777, MA