02638 Housing Market Report January 2025•Barnstable County, Massachusetts

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Housing Prices in 02638, MA

How much do homes in 02638, MA cost?

Housing Market Conditions

Is 02638, MA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

02638 is a Neutral Market

Difference Since January 2024

Since last year, 02638 has remained a Neutral Market.

Insight

02638 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$975,000$582/SqFt
+$105,000
+12.1%

Based on all homes sold in the last 12 months

Insight

Homes in 02638 have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in 02638 was $975,000 in January 2025, up 12.1% from last year, and the median price per square foot was $582.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
02660
+18.3%
02638
+12.1%
02675
+7.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$310K$205K
-33.9%
2$835K$756.5K
-9.4%
3$839.5K$935K
+11.4%
4$950K$973K
+2.4%
5$1.8M$2.9M
+55.0%

Summary: 02638 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -33.9%. The home price for 2 bedroom homes decreased by -9.4%. The home price for 3 bedroom homes increased by +11.4%. The home price for 4 bedroom homes increased by +2.4%. The home price for 5 bedroom homes increased by +55.0%.

Housing supply in 02638, MA

How many homes are available in 02638, MA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
23Last MonthJan 2025
212 months agoDec 2024
+9.5 %
Change MoMDec – Jan

Summary: The 02638 real estate market had 23 homes for sale in Jan 2025, a 9.5 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthJan 2025
52 months agoDec 2024
-20.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
233
0.0%
3810
+25.0%
455
0.0%
555
0.0%

Summary: 02638 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 remained the same. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 02638, MA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price4 Homes

Insight

If you're buying a home in 02638, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 02638 in January 2025, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 02638, MA

How long does it take to sell a home in 02638, MA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Most homes in 02638 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 4 homes were sold in 02638; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
92 DaysThis YearJan 2025
9 Days1 year agoJan 2024
+854.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 02638 had an average listing age of 92 days in Jan 2025, up by 854.3% compared to the previous year.

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Newest Listings in 02638, MA

What homes are available in 02638, MA?

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MLS Disclaimers and Copyright

Based on information from Cape Cod and Islands MLS & Martha's Vineyard MLS, and MLS Property Information Network Inc. for the period 02/01/2023 - 02/01/2025

IDXThe data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. (CCIMLS). Real estate listings provided by CCIMLS and held by other brokerage firms are marked with the CCIMLS BR Logo and detailed information includes, at minimum, the name of the listing agent and broker attribution assigned by the listing broker. Neither the listing broker nor this broker shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. All properties are subject to prior sale, changes, or withdrawal. The Broker providing this data believes it to be correct but advises interested parties to confirm any item before relying on it in a purchase decision.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 9:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX 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: 2/1/2025, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.