New - 6 days on Rocket
$8,075 Closing Credit¹
#73330513, Joan McDonald, Listing Office: Coldwell Banker Realty - Manchester
01938 Housing Market Report January 2025•Essex County, Massachusetts
Housing Prices in 01938, MA
How much do homes in 01938, MA cost?
Housing Market Conditions
Is 01938, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
01938 is a Seller's Market
Difference Since January 2024
Since last year, 01938 has remained a Seller's Market.
Insight
01938 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$775,000$395/SqFt
+$25,000
+3.3%
Based on all homes sold in the last 12 months
Insight
Homes in 01938 have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in 01938 was $775,000 in January 2025, up 3.3% from last year, and the median price per square foot was $395.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 01982 | $773.2K | $889.5K | +15.0% |
| 01983 | $850K | $890K | +4.7% |
| 01938 | $750K | $775K | +3.3% |
| 01929 | $800K | $823K | +2.9% |
| 01969 | $825K | $675K | -18.2% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $330K | $340K | +3.0% |
| 22 Bedrooms | $513.2K | $645K | +25.7% |
| 33 Bedrooms | $810K | $701.5K | -13.4% |
| 44 Bedrooms | $1.1M | $1.1M | +5.3% |
| 55+ Bedrooms | $1.1M | $1.3M | +18.0% |
Summary: 01938 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.0%. The home price for 2 bedroom homes increased by +25.7%. The home price for 3 bedroom homes decreased by -13.4%. The home price for 4 bedroom homes increased by +5.3%. The home price for 5 bedroom homes increased by +18.0%.
Housing supply in 01938, MA
How many homes are available in 01938, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 26Last MonthJan 2025 | ||
| 332 months agoDec 2024 | -21.2 % Change MoMDec – Jan |
Summary: The 01938 real estate market had 26 homes for sale in Jan 2025, a 21.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 10Last MonthJan 2025 | ||
| 152 months agoDec 2024 | -33.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 7 | 2 | -71.4% |
| 33 Bedrooms | 11 | 11 | 0.0% |
| 44 Bedrooms | 8 | 8 | 0.0% |
| 55+ Bedrooms | 6 | 3 | -50.0% |
Summary: 01938 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -71.4%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in 01938, MA cost?
Over Asking Price6 Homes
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in 01938, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 01938 in January 2025, down by 33.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and and 60% were sold over asking.
Days on Market for 01938, MA
How long does it take to sell a home in 01938, MA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in 01938 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 10 homes were sold in 01938; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 38 DaysThis YearJan 2025 | ||
| 33 Days1 year agoJan 2024 | +15.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 01938 had an average listing age of 38 days in Jan 2025, up by 15.2% compared to the previous year.
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Newest Listings in 01938, MA
What homes are available in 01938, MA?
New - 7 days on Rocket
$10,000 Closing Credit¹
#73329993, Thomas Kennedy, Listing Office: Gibson Sotheby's International Realty
New - 7 days on Rocket
$10,000 Closing Credit¹
#73329819, Nancy Peterson, Listing Office: J. Barrett & Company
Backup offers
$10,000 Closing Credit¹
#73329502, Thomas Kennedy, Listing Office: Gibson Sotheby's International Realty
$10,000 Closing Credit¹
#73328685, Toni Riddle, Listing Office: Windhill Realty, LLC
$10,000 Closing Credit¹
#73323478, Candice Fontas, Listing Office: Engel & Volkers By the Sea
$10,000 Closing Credit¹
#73303690, Sonia Johnson, Listing Office: eXp Realty
$10,000 Closing Credit¹
#73288461, Candice Fontas, Listing Office: Engel & Volkers By the Sea
$10,000 Closing Credit¹
#73286505, Candice Fontas, Listing Office: Engel & Volkers By the Sea
$10,000 Closing Credit¹
#73254503, Hackett & Glessner Team, Listing Office: Compass
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Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.