New - 5 hours on Rocket
#73340396, Lynn Findlay, Listing Office: Coldwell Banker Realty - Belmont
02478 Housing Market Report February 2025•Middlesex County, Massachusetts
Housing Prices in 02478, MA
How much do homes in 02478, MA cost?
Housing Market Conditions
Is 02478, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02478 is a Seller's Market
Difference Since February 2024
Since last year, 02478 has remained a Seller's Market.
Insight
02478 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,375,000$604/SqFt
+$115,000
+9.1%
Based on all homes sold in the last 12 months
Insight
Homes in 02478 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 02478 was $1,375,000 in February 2025, up 9.1% from last year, and the median price per square foot was $604.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $440K | $787.5K | +79.0% |
| 22 Bedrooms | $692.5K | $735K | +6.1% |
| 33 Bedrooms | $1.1M | $1.2M | +7.1% |
| 44 Bedrooms | $1.5M | $1.5M | -4.6% |
| 55+ Bedrooms | $1.6M | $1.6M | -0.3% |
Summary: 02478 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +79.0%. The home price for 2 bedroom homes increased by +6.1%. The home price for 3 bedroom homes increased by +7.1%. The home price for 4 bedroom homes decreased by -4.6%. The home price for 5 bedroom homes decreased by -0.3%.
Housing supply in 02478, MA
How many homes are available in 02478, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthFeb 2025 | ||
| 362 months agoJan 2025 | -8.3 % Change MoMJan – Feb |
Summary: The 02478 real estate market had 33 homes for sale in Feb 2025, a 8.3 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthFeb 2025 | ||
| 142 months agoJan 2025 | -42.9 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 4 | 5 | +25.0% |
| 33 Bedrooms | 10 | 6 | -40.0% |
| 44 Bedrooms | 8 | 9 | +12.5% |
| 55+ Bedrooms | 13 | 12 | -7.7% |
Summary: 02478 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -40.0%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes decreased by -7.7%.
Asking Price vs. Sold Price
How much do homes in 02478, MA cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price5 Homes
Insight
If you're buying a home in 02478, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 02478 in February 2025, down by 42.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and and 25% were sold over asking.
Days on Market for 02478, MA
How long does it take to sell a home in 02478, MA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days5 Homes
Insight
Most homes in 02478 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 8 homes were sold in 02478; 13% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 88 DaysThis YearFeb 2025 | ||
| 20 Days1 year agoFeb 2024 | +338.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 02478 had an average listing age of 88 days in Feb 2025, up by 338.3% compared to the previous year.
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Newest Listings in 02478, MA
What homes are available in 02478, MA?
New - 3 days on Rocket
#73339832, Lori Orchanian, Listing Office: Coldwell Banker Realty - Belmont
New - 3 days on Rocket
$9,678 Closing Credit¹
#73339671, Carol Berberian, Listing Office: New England Classic Properties
New - 5 days on Rocket
$10,000 Closing Credit¹
#73338937, Lori Orchanian, Listing Office: Coldwell Banker Realty - Belmont
New - 5 days on Rocket
$10,000 Closing Credit¹
#73338532, Ed Greable & Company, Listing Office: Keller Williams Realty Boston Northwest
New - 6 days on Rocket
$10,000 Closing Credit¹
#73338071, Lynn MacDonald, Listing Office: Coldwell Banker Realty - Belmont
New - 6 days on Rocket
$10,000 Closing Credit¹
#73336126, The Dorothea Team, Listing Office: Coldwell Banker Realty - Lexington
$10,000 Closing Credit¹
#73336591, Lori Orchanian, Listing Office: Coldwell Banker Realty - Belmont
$10,000 Closing Credit¹
#73334554, Robert Leahey, Listing Office: Lamacchia Realty, Inc.
Backup offers
$8,182 Closing Credit¹
#73334307, Robert Leahey, Listing Office: Lamacchia Realty, Inc.
$8,788 Closing Credit¹
#73331598, Selina MacDonald, Listing Office: Keller Williams Boston MetroWest
$10,000 Closing Credit¹
#73328837, Team Suzanne and Company, Listing Office: Compass
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 03/01/2023 - 03/01/2025
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: 3/3/2025, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.