Is Easthampton, 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, Easthampton has remained a Seller's Market.
Key Takeaway
Easthampton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Easthampton, MA
How much do homes in Easthampton, MA cost?
Median Sold Price
$398,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Easthampton have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Easthampton was $398,000 in May 2024, up 2.9% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $668K | $699.9K | +4.8% |
| 2 Bedrooms | $335K | $345K | +3.0% |
| 3 Bedrooms | $385K | $392K | +1.8% |
| 4 Bedrooms | $435K | $417.5K | -4.0% |
| 5+ Bedrooms | $487.5K | $530K | +8.7% |
Summary: Easthampton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Florence | $377.5K | $432.5K | +14.6% |
| Easthampton Town | $380.7K | $393.2K | +3.3% |
| Easthampton | $386.8K | $398K | +2.9% |
| Southampton | $435K | $432K | -0.7% |
Housing Supply in Easthampton, MA
How many homes are available in Easthampton, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 43 | +30.3% |
Summary: The Easthampton real estate market had 43 homes for sale in May 2024, a 30.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 15 | 21 | +40.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Easthampton 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 decreased by 14.3%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Easthampton, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Easthampton in May 2024, up by 100.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 8% were sold at asking, and 83% were sold over asking.
Days on Market for Easthampton, MA
How long does it take to sell a home in Easthampton, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 16 Days | +19.1% |
Summary: Homes in Easthampton had an average of 16 days on market in May 2024, up by 19.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Easthampton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Easthampton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
