Is Barnstable Town, 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, Barnstable Town has remained a Seller's Market.
Key Takeaway
Barnstable Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barnstable Town, MA
How much do homes in Barnstable Town, MA cost?
Median Sold Price
$630,380
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Barnstable Town have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Barnstable Town was $630,380 in May 2024, up 4.8% from last year, and the median price per square foot was $412.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $247.5K | -20.2% |
| 2 Bedrooms | $425K | $504.5K | +18.7% |
| 3 Bedrooms | $607K | $656.6K | +8.2% |
| 4 Bedrooms | $868.5K | $950K | +9.4% |
| 5+ Bedrooms | $1.9M | $2.3M | +19.2% |
Summary: Barnstable Town housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.2%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 19.2%.
Median Sold Price Compared To Nearby Cities
| Centerville | $583K | $645K | +10.6% |
| Barnstable Town | $601.4K | $630.3K | +4.8% |
| Marstons Mills | $635K | $618.5K | -2.6% |
| Osterville | $1.2M | $942.5K | -25.3% |
Housing Supply in Barnstable Town, MA
How many homes are available in Barnstable Town, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 158 | 181 | +14.6% |
Summary: The Barnstable Town real estate market had 181 homes for sale in May 2024, a 14.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 30 | 36 | +20.0% |
| 3 Bedrooms | 74 | 84 | +13.5% |
| 4 Bedrooms | 33 | 37 | +12.1% |
| 5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The Barnstable Town housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barnstable Town, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Barnstable Town in May 2024, down by 8.6% month-over-month. Of the 32 sold homes, 47% were sold under asking, 9% were sold at asking, and 44% were sold over asking.
Days on Market for Barnstable Town, MA
How long does it take to sell a home in Barnstable Town, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 51 Days | +57.9% |
Summary: Homes in Barnstable Town had an average of 51 days on market in May 2024, up by 57.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Barnstable Town are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 32 homes were sold in Barnstable Town; 66% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
