Is Hadley, 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, Hadley has remained a Seller's Market.
Key Takeaway
Hadley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hadley, MA
How much do homes in Hadley, MA cost?
Median Sold Price
$564,150
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hadley have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Hadley was $564,150 in May 2024, up 1.2% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $455K | $468.5K | +3.0% |
| 3 Bedrooms | $458.7K | $526K | +14.7% |
| 4 Bedrooms | $552.9K | $632.5K | +14.4% |
| 5+ Bedrooms | $845K | $618K | -26.9% |
Summary: Hadley 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 3%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
| Hatfield | $412.5K | $449K | +8.8% |
| Northampton | $411K | $443.7K | +8.0% |
| South Hadley | $330K | $353K | +7.0% |
| Hadley | $557.4K | $564.1K | +1.2% |
| Amherst | $470K | $469.5K | -0.1% |
Housing Supply in Hadley, MA
How many homes are available in Hadley, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Summary: The Hadley real estate market had 13 homes for sale in May 2024, a 13.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Hadley 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 decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hadley, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Hadley in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Hadley, MA
How long does it take to sell a home in Hadley, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 17 Days | +7.6% |
Summary: Homes in Hadley had an average of 17 days on market in May 2024, up by 7.6% compared to last year.
Breakdown of Home Sale Times
4 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 Hadley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Hadley; 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.
