New - 2 days on Rocket
$8,313 Closing Credit¹
#73330474, Maria Varrichione, Listing Office: RE/MAX Executive Realty
02053 Housing Market Report January 2025•Norfolk County, Massachusetts
Housing Prices in 02053, MA
How much do homes in 02053, MA cost?
Housing Market Conditions
Is 02053, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02053 is a Seller's Market
Difference Since January 2024
At the same time last year, 02053 was a Neutral Market.
Insight
02053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$689,900$333/SqFt
+$10,900
+1.6%
Based on all homes sold in the last 12 months
Insight
Homes in 02053 have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in 02053 was $689,900 in January 2025, up 1.6% from last year, and the median price per square foot was $333.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $275K | $275K | 0.0% |
| 22 Bedrooms | $437.5K | $452.5K | +3.4% |
| 33 Bedrooms | $615.5K | $625K | +1.5% |
| 44 Bedrooms | $741K | $829.5K | +11.9% |
| 55+ Bedrooms | $830K | $950K | +14.5% |
Summary: 02053 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.4%. The home price for 3 bedroom homes increased by +1.5%. The home price for 4 bedroom homes increased by +11.9%. The home price for 5 bedroom homes increased by +14.5%.
Housing supply in 02053, MA
How many homes are available in 02053, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthJan 2025 | ||
| 302 months agoDec 2024 | -30.0 % Change MoMDec – Jan |
Summary: The 02053 real estate market had 21 homes for sale in Jan 2025, a 30.0 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 172 months agoDec 2024 | -70.6 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 6 | 2 | -66.7% |
| 33 Bedrooms | 14 | 9 | -35.7% |
| 44 Bedrooms | 8 | 10 | +25.0% |
| 55+ Bedrooms | 2 | 0 | -100.0% |
Summary: 02053 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes decreased by -35.7%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in 02053, MA cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in 02053, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 02053 in January 2025, down by 70.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and and 40% were sold over asking.
Days on Market for 02053, MA
How long does it take to sell a home in 02053, MA?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in 02053 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 5 homes were sold in 02053; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 25 DaysThis YearJan 2025 | ||
| 33 Days1 year agoJan 2024 | -24.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 02053 had an average listing age of 25 days in Jan 2025, down by 24.2% compared to the previous year.
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Newest Listings in 02053, MA
What homes are available in 02053, MA?
New - 3 days on Rocket
$10,000 Closing Credit¹
#73330671, Laina Kaplan, Listing Office: Realty Executives Boston West
New - 3 days on Rocket
$10,000 Closing Credit¹
#73330450, Michael Giovangelo, Listing Office: Better Living Real Estate, LLC
Backup offers
$10,000 Closing Credit¹
#73329141, Linda Dumouchel, Listing Office: Realty Executives Boston West
Backup offers
$10,000 Closing Credit¹
#73328602, Amy Weitzman, Listing Office: Commonwealth Standard Realty Advisors
$7,125 Closing Credit¹
#73327029, Trinity Group, Listing Office: Mega Realty Services
$7,944 Closing Credit¹
#73326269, Christo Genchev, Listing Office: Cameron Real Estate Group
$8,311 Closing Credit¹
#73324779, Jeffrey Germagian, Listing Office: ERA Key Realty Services-Bay State Group
Backup offers
$10,000 Closing Credit¹
#73324477, Mark LaLond, Listing Office: Berkshire Hathaway HomeServices Page Realty
Backup offers
$10,000 Closing Credit¹
#73316580, Michael Guimares, Listing Office: Conway - Hanover
$8,313 Closing Credit¹
#73312772, Team Rice, Listing Office: RE/MAX Executive Realty
$10,000 Closing Credit¹
#73311298, Michael Guimares, Listing Office: Conway - Hanover
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MLS Disclaimers and Copyright
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: 2/2/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.