5 days on Rocket
$10,000 Closing Credit¹
#73396672, Martha Brown, Listing office: Leading Edge Real Estate
02478 Housing Market Report May 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 May 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
$1,392,000$605/SqFt
+$92,000
+7.1%
Based on all homes sold in the last 12 months
Insight
Homes in 02478 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 02478 was $1,392,000 in May 2025, up 7.1% from last year, and the median price per square foot was $605.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $485K | $810K | +67.0% |
| 22 Bedrooms | $684.5K | $744.5K | +8.8% |
| 33 Bedrooms | $1.2M | $1.3M | +5.6% |
| 44 Bedrooms | $1.5M | $1.5M | -5.2% |
| 55+ Bedrooms | $1.7M | $1.5M | -8.1% |
Summary: 02478 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +67.0%. The home price for 2 bedroom homes increased by +8.8%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes decreased by -5.2%. The home price for 5 bedroom homes decreased by -8.1%.
How does 02478, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
02478, MA
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 |
|---|---|---|
| 85Last MonthMay 2025 | ||
| 732 months agoApr 2025 | +16.4 % Change MoMApr – May |
Summary: The 02478 real estate market had 85 homes for sale in May 2025, a 16.4 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthMay 2025 | ||
| 172 months agoApr 2025 | +11.8 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 8 | 11 | +37.5% |
| 33 Bedrooms | 21 | 25 | +19.0% |
| 44 Bedrooms | 26 | 26 | 0.0% |
| 55+ Bedrooms | 17 | 22 | +29.4% |
Summary: 02478 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +37.5%. The inventory for 3 bedroom homes increased by +19.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +29.4%.
Asking Price vs. Sold Price
How much do homes in 02478, MA cost?
Over Asking Price14 Homes
At Asking Price1 Home
Under Asking Price4 Homes
Insight
If you're buying a home in 02478, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 02478 in May 2025, up by 11.8% month-over-month. Of the 19 sold homes, 21% were sold under asking, 5% were sold at asking, and and 74% 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 Days14 Homes
30 – 90 Days5 Homes
Over 90 Days0 Home
Insight
Many homes in 02478 are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 19 homes were sold in 02478; 74% of homes were sold within 30 days, 26% 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 |
|---|---|---|
| 19 DaysThis YearMay 2025 | ||
| 28 Days1 year agoMay 2024 | -33.9 % Change YoYMay 2024 – May 2025 |
Summary: Homes in 02478 had an average listing age of 19 days in May 2025, down by 33.9% compared to the previous year.
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Newest Listings in 02478, MA
What homes are available in 02478, MA?
7 days on Rocket
#73395288, Peter Bouchie, Listing office: Coldwell Banker Realty - Belmont
$10,000 Closing Credit¹
#73393223, Christine Pomer, Listing office: Coldwell Banker Realty - Lexington
$10,000 Closing Credit¹
#73390993, Sue Sindoni, Listing office: Keller Williams Elite
$10,000 Closing Credit¹
#73390508, Fushuang Liu, Listing office: Cypress Realty, LLC
$7,351 Closing Credit¹
#73390235, Danielle Fleming, Listing office: MA Properties
$10,000 Closing Credit¹
#73389209, Jim & Mike Savas Team, Listing office: Berkshire Hathaway HomeServices Commonwealth Real Estate
$10,000 Closing Credit¹
#73389213, Jim & Mike Savas Team, Listing office: Berkshire Hathaway HomeServices Commonwealth Real Estate
$10,000 Closing Credit¹
#73388893, Ben Chau, Listing office: Senne
$10,000 Closing Credit¹
#73388678, Michaela Mahtani, Listing office: Leading Edge Real Estate
$10,000 Closing Credit¹
#73385962, Nathan Long, Listing office: Coldwell Banker Realty - Cambridge
$10,000 Closing Credit¹
#73385454, Patrick Murphy, Listing office: Coldwell Banker Realty - Belmont
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 06/01/2023 - 06/01/2025
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: 7/1/2025, 12:55:44 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.