New - 4 days on Rocket
#73329297, Jason Saphire, Listing Office: www.HomeZu.com
02492 Housing Market Report December 2024•Norfolk County, Massachusetts
Housing Prices in 02492, MA
How much do homes in 02492, MA cost?
Housing Market Conditions
Is 02492, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
02492 is a Seller's Market
Difference Since December 2023
Since last year, 02492 has remained a Seller's Market.
Insight
02492 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,700,000$522/SqFt
+$277,500
+19.5%
Based on all homes sold in the last 12 months
Insight
Homes in 02492 have sold for 19.5% more than they did a year ago.
Summary: The median home sold price in 02492 was $1,700,000 in December 2024, up 19.5% from last year, and the median price per square foot was $522.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $355K | $371.7K | +4.7% |
| 22 Bedrooms | $522.5K | $812.5K | +55.5% |
| 33 Bedrooms | $1.0M | $1.2M | +14.4% |
| 44 Bedrooms | $1.5M | $1.5M | +2.3% |
| 55+ Bedrooms | $2.4M | $2.5M | +4.2% |
Summary: 02492 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +4.7%. The home price for 2 bedroom homes increased by +55.5%. The home price for 3 bedroom homes increased by +14.4%. The home price for 4 bedroom homes increased by +2.3%. The home price for 5 bedroom homes increased by +4.2%.
Housing supply in 02492, MA
How many homes are available in 02492, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 43Last MonthDec 2024 | ||
| 582 months agoNov 2024 | -25.9 % Change MoMNov – Dec |
Summary: The 02492 real estate market had 43 homes for sale in Dec 2024, a 25.9 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 182 months agoNov 2024 | -38.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 1 | -66.7% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 6 | 6 | 0.0% |
| 44 Bedrooms | 16 | 11 | -31.3% |
| 55+ Bedrooms | 32 | 24 | -25.0% |
Summary: 02492 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -66.7%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -31.3%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in 02492, MA cost?
Over Asking Price4 Homes
At Asking Price0 Home
Under Asking Price7 Homes
Insight
If you're buying a home in 02492, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 02492 in December 2024, down by 38.9% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and and 36% were sold over asking.
Days on Market for 02492, MA
How long does it take to sell a home in 02492, MA?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days3 Homes
Over 90 Days2 Homes
Insight
Many homes in 02492 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in 02492; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 43 DaysThis YearDec 2024 | ||
| 42 Days1 year agoDec 2023 | +1.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 02492 had an average listing age of 43 days in Dec 2024, up by 1.8% compared to the previous year.
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Newest Listings in 02492, MA
What homes are available in 02492, MA?
New - 5 days on Rocket
#73329002, Jill Finkelstein & Associates, Listing Office: Compass
New - 6 days on Rocket
#73328966, The Varano Realty Group, Listing Office: Keller Williams Realty
New - 6 days on Rocket
$10,000 Closing Credit¹
#73328431, Ayme Van Riet, Listing Office: Compass
New - 7 days on Rocket
#73328575, Beyond Boston Properties Group, Listing Office: Compass
New - 7 days on Rocket
#73328410, Anya Kogan, Listing Office: Luxury Realty Partners
#73327998, Gina Romm, Listing Office: William Raveis R.E. & Home Services
Backup offers
$10,000 Closing Credit¹
#73327907, The Varano Realty Group, Listing Office: Keller Williams Realty
#73326566, O & C Homes Team, Listing Office: William Raveis R.E. & Home Services
Backup offers
$10,000 Closing Credit¹
#73326314, MB Associates, Listing Office: Coldwell Banker Realty - Newton
#73322967, Ned Mahoney, Listing Office: eXp Realty
$10,000 Closing Credit¹
#73322468, Marc Savatsky, Listing Office: Choose Boston, LLC
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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: 1/29/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.