Is Acton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Acton has remained a Seller's Market.
Key Takeaway
Acton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Acton, MA
How much do homes in Acton, MA cost?
Median Sold Price
$820,000
$353/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Acton have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Acton was $820,000 in May 2024, up 16.1% from last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $250K | +25.0% |
| 2 Bedrooms | $345K | $399.9K | +15.9% |
| 3 Bedrooms | $675K | $705K | +4.4% |
| 4 Bedrooms | $977.5K | $1.0M | +4.9% |
| 5+ Bedrooms | $1.4M | $997.5K | -30.7% |
Summary: Acton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 30.7%.
Median Sold Price Compared To Nearby Cities
| Boxborough | $475.2K | $650K | +36.8% |
| Acton | $706.2K | $820K | +16.1% |
| Concord | $1.3M | $1.3M | +4.9% |
| Littleton | $711.2K | $720K | +1.2% |
Housing Supply in Acton, MA
How many homes are available in Acton, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 68 | +19.3% |
Summary: The Acton real estate market had 68 homes for sale in May 2024, a 19.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 32 | 36 | +12.5% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Acton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Acton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Acton in May 2024, up by 36.4% month-over-month. Of the 15 sold homes, 7% were sold under asking, 27% were sold at asking, and 67% were sold over asking.
Days on Market for Acton, MA
How long does it take to sell a home in Acton, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 33 Days | +146.1% |
Summary: Homes in Acton had an average of 33 days on market in May 2024, up by 146.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Acton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Acton; 87% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
