New - 3 hours on Rocket
$4,619 Closing Credit¹
#73328400, Carleton Ashley, Listing Office: Compass
02171 Housing Market Report December 2024•Norfolk County, Massachusetts
Housing Prices in 02171, MA
How much do homes in 02171, MA cost?
Housing Market Conditions
Is 02171, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02171 is a Seller's Market
Difference Since December 2023
Since last year, 02171 has remained a Seller's Market.
Insight
02171 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$666,000$493/SqFt
+$16,000
+2.5%
Based on all homes sold in the last 12 months
Insight
Homes in 02171 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 02171 was $666,000 in December 2024, up 2.5% from last year, and the median price per square foot was $493.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $315K | $355.5K | +12.9% |
| 22 Bedrooms | $600K | $637.5K | +6.3% |
| 33 Bedrooms | $700K | $710K | +1.4% |
| 44 Bedrooms | $900K | $866K | -3.8% |
| 55+ Bedrooms | $975K | $1.3M | +40.3% |
Summary: 02171 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +12.9%. The home price for 2 bedroom homes increased by +6.3%. The home price for 3 bedroom homes increased by +1.4%. The home price for 4 bedroom homes decreased by -3.8%. The home price for 5 bedroom homes increased by +40.3%.
Housing supply in 02171, MA
How many homes are available in 02171, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthDec 2024 | ||
| 472 months agoNov 2024 | -34.0 % Change MoMNov – Dec |
Summary: The 02171 real estate market had 31 homes for sale in Dec 2024, a 34.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthDec 2024 | ||
| 162 months agoNov 2024 | -43.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 8 | 6 | -25.0% |
| 22 Bedrooms | 19 | 13 | -31.6% |
| 33 Bedrooms | 11 | 7 | -36.4% |
| 44 Bedrooms | 8 | 5 | -37.5% |
| 55+ Bedrooms | 1 | 0 | -100.0% |
Summary: 02171 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes decreased by -31.6%. The inventory for 3 bedroom homes decreased by -36.4%. The inventory for 4 bedroom homes decreased by -37.5%. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in 02171, MA cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in 02171, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 02171 in December 2024, down by 43.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and and 33% were sold over asking.
Days on Market for 02171, MA
How long does it take to sell a home in 02171, MA?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in 02171 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in 02171; 67% of homes were sold within 30 days, 33% 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 YearDec 2024 | ||
| 29 Days1 year agoDec 2023 | -11.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 02171 had an average listing age of 25 days in Dec 2024, down by 11.0% compared to the previous year.
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Newest Listings in 02171, MA
What homes are available in 02171, MA?
New - 5 days on Rocket
$9,024 Closing Credit¹
#73327137, Colleen FitzPatrick, Listing Office: Ray Lacouture & Associates
New - 6 days on RocketBackup offers
$6,293 Closing Credit¹
#73326899, Jim McGue, Listing Office: GRANITE GROUP REALTORS®
$5,700 Closing Credit¹
#73326113, Rebecca Huang, Listing Office: East West Real Estate, LLC
$7,113 Closing Credit¹
#73325582, Lauren Babb, Listing Office: Conway - Hanover
$7,125 Closing Credit¹
#73325442, Maureen Glynn, Listing Office: Central Real Estate
$5,569 Closing Credit¹
#73324940, Kevin Esancy, Listing Office: Conway - Hanover
$8,786 Closing Credit¹
#73324862, Derek Wong, Listing Office: V & E Realty
$10,000 Closing Credit¹
#73324347, Michaela Hellman, Listing Office: Redfin Corp.
$5,569 Closing Credit¹
#73319253, Israel Rolon, Listing Office: Popular Properties Realty,Inc.
$6,649 Closing Credit¹
#73313139, John Balzano, Listing Office: Century 21 North East
$5,580 Closing Credit¹
#73316653, Jian Zhi Tan, Listing Office: Central Real Estate
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
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: 1/22/2025, 6:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.