Is Feeding Hills, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Feeding Hills is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Feeding Hills has remained a Seller's Market.

Key Takeaway

Feeding Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Feeding Hills, MA

How much do homes in Feeding Hills, MA cost?

Median Sold Price

$350,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,000(+2.9%)

Key Takeaway

Homes in Feeding Hills have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Feeding Hills was $350,000 in May 2024, up 2.9% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $260K$469.9K
+80.7%
3 $322.5K$331.4K
+2.8%
4 $372.5K$440K
+18.1%
5+ $390K$392K
0.5%

Summary: Feeding Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 80.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Agawam
+11.4%
Agawam Town
+10.0%
Feeding Hills
+2.9%
West Springfield Town
+1.7%
West Springfield
+1.7%

Housing Supply in Feeding Hills, MA

How many homes are available in Feeding Hills, MA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2517-32.0%

Summary: The Feeding Hills real estate market had 17 homes for sale in May 2024, a 32.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 157
-53.3%
4 44
0.0%
5+ 22
0.0%

Summary: The Feeding Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 53.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Feeding Hills, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Feeding Hills in May 2024, down by 36.4% month-over-month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Feeding Hills, MA

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

Average Sale Time

May 2023May 2024CHANGE
40 Days22 Days-44.8%

Summary: Homes in Feeding Hills had an average of 22 days on market in May 2024, down by 44.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Feeding Hills are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 7 homes were sold in Feeding Hills; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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